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MMLU-Pro / 1549 / On March 1, a homeowner and a painter entered into a written contract wherein…

Problem

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question

On March 1, a homeowner and a painter entered into a written contract wherein the painter promised to paint the exterior of the homeowner's house for 3,000.Priortothesigningofthecontract,thehomeownerandthepainterorallyagreedthattheircontractwouldbenullandvoidunlessthehomeownerwasabletoobtaina3,000. Prior to the signing of the contract, the homeowner and the painter orally agreed that their contract would be null and void unless the homeowner was able to obtain a 3,000 loan from National Bank before April 1. On March 31, the homeowner was informed by National Bank that his loan application had been rejected. The next day, the homeowner telephoned the painter and informed him that the deal was off. If the painter brings an action for breach of contract against the homeowner, would the latter's inability to secure the loan provide him with a valid defense?
Plain-text mathematical notation (without MathML)
On March 1, a homeowner and a painter entered into a written contract wherein the painter promised to paint the exterior of the homeowner's house for 3,000.Priortothesigningofthecontract,thehomeownerandthepainterorallyagreedthattheircontractwouldbenullandvoidunlessthehomeownerwasabletoobtaina3,000 loan from National Bank before April 1. On March 31, the homeowner was informed by National Bank that his loan application had been rejected. The next day, the homeowner telephoned the painter and informed him that the deal was off. If the painter brings an action for breach of contract against the homeowner, would the latter's inability to secure the loan provide him with a valid defense?
Original LaTeX notation
On March 1, a homeowner and a painter entered into a written contract wherein the painter promised to paint the exterior of the homeowner's house for $3,000. Prior to the signing of the contract, the homeowner and the painter orally agreed that their contract would be null and void unless the homeowner was able to obtain a $3,000 loan from National Bank before April 1. On March 31, the homeowner was informed by National Bank that his loan application had been rejected. The next day, the homeowner telephoned the painter and informed him that the deal was off. If the painter brings an action for breach of contract against the homeowner, would the latter's inability to secure the loan provide him with a valid defense?

category

law

options

  1. No, because the homeowner is estopped to deny the validity of the written contract.
  2. Yes, because the homeowner was not able to meet the financial obligations of the contract.
  3. No, because the painter can claim damages for the breach of contract.
  4. No, because the homeowner did not make efforts to secure a loan from another bank.
  5. No, because the agreement regarding the loan varied the express terms of the writing.
  6. Yes, because the loan agreement was a condition precedent to the existence of the contract.
  7. No, because the oral agreement about the loan does not hold legal validity.
  8. Yes, because the painter was informed about the condition of the loan before the contract was signed.
  9. Yes, because the agreement regarding the loan constituted a valid modification of the writing.

src

ori_mmlu-professional_law

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Source and history

upstream_id / Original problem ID
1549
task_id
d3bad4de-7e45-5cdd-960e-87a12a696e26
task_key
default--test--1549
task_revision_id
1
config / split
default / test

Official source

initial import