alleryStart learning →Which case permits an exception to the one-year sale period?
ASeller waits for better prices
BNo buyer has been found yet
COutsiders' conditions need a firm bid
DAsset is under a long repair
Answer & Solution
Correct answer: C. Outsiders' conditions need a firm bid
If outside parties impose conditions that can be addressed only after a firm purchase commitment, and that commitment is highly probable within a year, the exception applies.
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