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Question
Mayra offers to sell her home to Hanna for about $100,000 plus closing costs. Hanna accepts Mayras offer. Later, a dispute arises over the precise dollar amount of the purchase price. How will a court most likely resolve this dispute?
A. The court will determine a reasonable price to be paid by Hanna.
B. The court will determine that Hanna pay only the figures mentioned in the contract.
C. The court will appoint a licensed real estate appraiser to determine the price to be paid by Hanna.
D. The court will require Hanna to pay the average of her price and Mayras price.
E. The court will declare the purchase price and terms too indefinite to create a binding contract.
Answer
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