Bilateral contract c Study guides, Class notes & Summaries

BUL 3310 EXAM 2 QUESTIONS WITH ALL CORRECT ANSWERS A legal waiver and a legal renunciation - Answer-A legal benefit and a legal detriment Legal detriments always entail economic losses T/F - Answer-False Which of the following statements about nominal consideration is correct? a. Giving your siblings a quitclaim deed for your 1/8 share in your family home for $1 is an example of nominal consideration. b. Nominal consideration will support an enforceable contract. c. Nominal conside...

BUL 3310 TEST QUESTIONS WITH CERTIFIED ANSWERS Grace has a valid contract with Al to buy a desk owned by James Madison. Al now refuses to go through with the sale. Because the item is unique, Grace can seek a decree of specific performance to enforce the contract T/F - Answer-True Courts generally cannot order specific performance when the contract is for personal services because of the Thirteenth Amendment T/F - Answer-True Rescission is the remedy that cancels the contract and retur...

Don enters into a contract with Eve, who claims to have access to a stock-trading algorithm that will multiply an investment many times over. When the results do not match this promise, Don learns that Eve does not have access to any unique software and files a suit, alleging fraud. Proof of an injury is required to - A; recover damages. A major-league baseball team based on the North side of Chicago is in the playoffs and doing well. Behind the left-field wall there is an apartment buildin...

The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording - B A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilateral (d) Void - A

The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording - B A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilateral (d) Void - A

If a buyer decides to terminate a contract, the seller must agree to the termination. A) True B) False - B) False Which of the following, with written, consent, may act as an Intermediary? A) The Broker representing the seller and buyer B) The Broker cooperating with the listing broker C) The salesman working with the seller and buyer D) The salesman sponsored by a broker representing the seller - A) The Broker representing the seller and buyer An agent would use the same contract for n...

The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording - Answer- B A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilateral (d) Void - Answer- A In the business...

California Life Accident And Health Exam 2024. A ABC INSURANCE - Correct Answer-JOHN IS THE AGENT FOR ABC INSURANCE AND JANE IS THE INSURED. WHO IS THE PRINCIPAL IN THIS AGENCY RELATIONSHIP? A ABC INSURANCE B JOHN C JANE D NONE D ADMITTED - Correct Answer-A(N) ________ INSURER IS AUTHORIZED TO WRITE INSURANCE POLICIES IN A PARTICULAR STATE. A DOMESTIC B NON-ADMITTED C FOREIGN D ADMITTED B A PERSON WHO NEGOTIATES INSURANCE CONTRACTS ON BEHALF OF AN INSURED - Correct Answ...

TEXAS PROMULGATED CONTRACTS- CHAMPIONS FINAL EXAM STUDY GUIDE 2024/COMPLETE QUESTIONS WITH CORRECT DETAILED ANSERS/A+ GRADE The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and . (a) Default (b) Mutual consent (c) Property condition (d) Recording - B parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilateral (d) Void - A

Texas Promulgated Contracts-CHAMPIONS STUDY QUESTIONS & ANSWERS 100% Correct!.The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording - ANSWER-B A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory ...