Humber/Ontario Real Estate Course 1 Exam Practice

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Which is NOT a method for terminating a contract between a buyer and a seller?

  1. By injunction

  2. By mutual agreement

  3. By performance

  4. By operation of law

  5. By forfeiture

  6. By breach

The correct answer is: By injunction

Terminating a contract between a buyer and a seller can occur through various methods. In this context, the correct answer is A. By injunction. An injunction is a court order that requires a party to do or refrain from doing certain actions. It is not typically a method used to terminate a contract between a buyer and a seller. On the other hand, the other options provided are valid methods for terminating a contract: - By mutual agreement: Both parties agree to terminate the contract. - By performance: The contract is fulfilled according to its terms. - By operation of law: Termination occurs due to legal requirements or regulations. - By forfeiture: One party fails to uphold their obligations, leading to the contract being terminated. - By breach: One party fails to fulfill their contractual obligations, leading to the contract being terminated.