Assignment:
Clark submitted a written purchase offer to O’Reilly, offering to buy O’Reilly’s home for $150,000, subject to Clark’s obtaining a mortgage of $100,000. O’Reilly accepted the offer but stated that the contract would not be subject to obtaining a mortgage. Do Clark and O’Reilly have a binding contract for the sale of O’Reilly’s home?
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.