The equitable title means a person's right to obtain property
interest or full ownership of the property.
The purchaser had the generally has Equitable title and obtains full legal title only after complete payments are done.
Answer: b. Purchaser holds equitable title.
Question 12 Which of the following is true of a land sales contract? Beneficiary holds naked...
36. Which of the following is NOT a typical ground for rescinding a contract? a. Fraud b. Mutual mistake of fact Mutual mistake of value c. d. Duress e. Undue influence 37. In her life insurance policy, Laurel names Jones as the payee when Laurel (the insured) dies. Jones is known as a(n) a. Donee beneficiary b. Incidental beneficiary c. Creditor beneficiary d. Unintentional beneficiary e. None of the above Widget Painters, Inc. agrees to paint Ashford's house, using a...
DQuestion 12 12. Which of these statements is true about transduction? O Naked DNA is passed from the environment to a bacterium. O A virus is required for transfer of genetic material. O Genetic recombination does not occur O Bacteria-bacteria contact is required 따 | Question 13 13. Put the steps of Gene cloning in the correct order
Which of the following is true of a sales contract under the UCC? O A. The courts cannt il any gapg i the contracts. O B. The court needs to find if the parties intended a contract. O C. An intent to contract exists even if the parties were unable to reach an agreement. O D. All terms of contract need to be clear for the court to decide the case.
When analyzing a breach of contract issue, which of the following best represents the proper steps and sequence? a. Determine whether a valid contract existed, determine whether it was breached, determine what the proper damages would be b. Determine whether the contract is in writing, determine whether there are equitable remedies, determine whether there are monetary remedies c. Determine whether there was an agreement, determine whether there was consideration, determine whether there was legal capacity, determine whether the subject matter...
1. Which of the following is not considered personal property in legal terms? A) Intangible property or chose in action B) A claim against someone that has value C) Intellectual property (ideas and creative work) D) Chattels E) A good affixed to real property Answer: : An option agreement is A) a contract transferring the fee simple to a new owner. B) a contract by which the offeror of property promises to hold his offer open for a period of...
Which of the following is NOT a contract? A promise to purchase a computer given in exchange for a promise to pay $1200.00. A promise to clean an apartment in exchange for a promise to pay $35.00. A promise to cook dinner for a sick friend. All of the above are contracts. QUESTION 2 Which of the following is a VOIDABLE contract? A contract by a 17 year old to purchase a computer. A contract by a repair shop to...
Which of the following is true of a contract where one of the parties is insane but not adjudged insane? Only the court appointed legal guardian to the insane person can modify contracts The contract is voidable by the competent party © The non-insane person must be placed in status quo if the insane person voids the contract. The contract is only voidable by the insane person
Question 8 The printed portions of a standard residential sales contract refer to all the following EXCEPT title insurance. liens. discount rates. closing date.
Question 27 2 pts Which of the following is true of a psychological contract? It leads to lower organizational commitment from employees. It reduces job satisfaction It leads to higher turnover intentions. It encourages social support for new employees.
Which of the following statements holds true for metaethics? Question 2 options: 1) It refers to the discussion about what ought to be done. 2) It refers to the ways in which moral outcomes can be achieved in specific situations. 3) It refers to the study of the origin and rules of ethics and morality. 4) It refers to the ways in which moral capacity develops and what its nature is. 5) It refers to the study of what people...