Question

Mary is selling her house for $100,000 and felipe, who is expecting an inheritance soon, wants to have the option to buy it next month at that price. felipe gives mary a $1,000 deposit in exchange for mary's promise that he can buy the house next month at $100,000 if he gets his inheritance. mary and felipe:

Answer 1

If Felipe gets his inheritance then he and Mary can clinch their deal successfully and according to the terms they have worked out so that he will owe her $99,000 and she will get this money and he will get presumably a nice house.