Present intent to contract

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Question: Lydia Deneuve made an offer to purchase a home from the Cosgroves. The offer was contingent upon Lydia selling her current home. The Cosgroves accepted the offer. Lydia sold her home but told the Cosgroves that she had changed her mind, and would not be purchasing their home. Which of the following statements is correct? Question 3 options: The condition precedent has been met and Lydia's obligation to perform now exists. The condition precedent was related to another contract and does not affect Lydia's decision to not purchase the Cosgroves' home. The offer was just a contingent offer and could not be accepted until Lydia sold her home. Conditional offers are not offers because of no present intent to contract.

Reference no: EM133362414

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