Law of Agency

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0 [{"id":373533,"quiz_id":"19098","answer_id":null,"answerType_id":"0","created_at":"2018-02-07 19:41:08","updated_at":"2018-02-07 19:41:08","questionName":"Adam agrees to buy Beatrice's real estate for $123,000. Beatrice signs a sales contract and the $120,300 earnest money check is deposited with Beatrice's broker, Cornelius. Beatrice is unable to show good title, and Adam demand the return of his earnest money from Cornelius, as provided in the contract. What should Cornelius do?","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":null,"explanation":"Beatrice has Breached the contract because she could not produce clear(markatable) title. Therefore, the earnest money should be returned to the buyer, Adam.(92)","question_score_id":null,"lang":null,"questionAudioPath":null}]
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Adam agrees to buy Beatrice's real estate for $123,000. Beatrice signs a sales contract and the $120,300 earnest money check is deposited with Beatrice's broker, Cornelius. Beatrice is unable to show good title, and Adam demand the return of his earnest money from Cornelius, as provided in the contract. What should Cornelius do?

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