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tekilochka [14]
3 years ago
8

Ralph agrees to lease an apartment from Susan for one day to see Thomas, the president of the United States, deliver a speech in

the street below. The speech is canceled three days before its scheduled date. The contract is:
A. discharged.
B. not affected.
C. postponed until another event is scheduled.
D. must be performed immediately.
Business
1 answer:
Reptile [31]3 years ago
5 0

Answer:

A, discharged

Explanation:

Since the speech to be seen is cancelled well ahead of the due date, then the contract between Ralph and Susan is discharged. There is no more speech to listen to and as such Susan can have her apartment back.

Cheers.

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Explanation:

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Answer:

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Given:

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3 years ago
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Historically foreclosure was a last resort for individuals that own homes. However, in some states people can voluntarily give u
Elena-2011 [213]
Hello, yes it's actually common for people to give up their home to avoid further payment only if their lender agrees and allows that to happen. But of course, the remaining balance (the difference of the house value and what's left of the mortgage) must be paid. Walking away from an underwater mortgage can seriously affect that person's financial future and by extent his/her relationship with the community. His/Her credit score will go down with this, it may be difficult for him/her to qualify for another mortgage in the future. Another reason is that - in most states, it is completely legal for lenders to go after the difference (deficiency) because technically they own that and have rights to it.
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