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Which of the following statements is FALSE?A) The promise of the purchaser to buy and...

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Algebra

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Which of the following statements is FALSE?A) The promise of the purchaser to buy and the promise of the seller to deliver title are adequate consideration to create a legally binding executory contract.B) Earnest money is necessary to bind the contract.C) Earnest money is not consideration.D) Earnest money is applied to the sales price at closing.

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