Duke signed a contract of sale agreeing to sell his home to, Management Theories

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Duke signed a contract of sale agreeing to sell his home to

Question: Duke signed a contract of sale, agreeing to sell his home to Pembroke. Pembroke required a mortgage to purchase the home, but nothing was said about this in the contract. Pembroke applied for a mortgage but was turned down. Is Pembroke still obligated to purchase Duke's home?

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Management Theories: Duke signed a contract of sale agreeing to sell his home to

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