Obligation to purchase home


Assignment:

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?

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.

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Business Law and Ethics: Obligation to purchase home
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