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Which of the following conditions can prevent additional terms from becoming a part of a contract...
Able Co. entered into a contract with Baker Co. for the sale of goods. Both parties...
Able Co. entered into a contract with Baker Co. for the sale of goods. Both parties are merchants under the UCC and each party used its own form as an offer and acceptance. On the reverse of each form, there were minor terms that conflicted with each other. What is impact of these minor differences in terms in the forms on the contract? a. There is no contract here because there is a discrepancy between the standard forms used by...
25. An exculpatory clause is a contract clause which a places total responsibility for injury or...
25. An exculpatory clause is a contract clause which a places total responsibility for injury or damages to property on an insurance company excuses a party from liability for his or her own negligence is unconscionable because the UCC so provides Imits the time for collecting damages. 26. Won agreement is in part legal and in partiogal: a. the total agreement is vold b. the legal performance will be enforced provided that the illegal performance does not involve serious moral...
Question 10 Go to Part 6, Alberta's Sale of Goods Act. Which one of the following...
Question 10 Go to Part 6, Alberta's Sale of Goods Act. Which one of the following is NOT true: Not yet answered Select one: a. A finding of a judge that a "reasonable time" has lapsed is a Marked out of finding of law. 1.00 b. The rules of common law continue to apply to contracts for the sale of goods, except insofar as they are P Flag inconsistent with the express provisions of Sale of Goods Act. question C....
answer all of them A buyer breached a sales contract. If the seller elects to resell...
answer all of them
A buyer breached a sales contract. If the seller elects to resell the goods, the sale: must be conducted in a commercially reasonable manner. O must be conducted by an unbiased third party. O must be without recourse. O must be particularized. Question 15 (1 point) Sam, a seller, shipped goods to Beto, a buyer, under a sales contract. Beto inspected the goods and indicated that the goods were acceptable. Later, Beto discovered a hidden defect...
Which of the following is true about a promissory estoppel? It is invoked in cases having...
Which of the following is true about a promissory estoppel? It is invoked in cases having incompetent parties. It permits a court to order enforcement of a contract that lacks consideration. C) It allows for a party to claim goods that were never paid for. D) It is invoked in cases that involve a promissory note. 2. Which of the following is true for a minor under the infancy doctrine? A) A minor is bound to the adult's decisions in...
1. Which of the following is true about a promissory estoppel? A) It is invoked in...
1. Which of the following is true about a promissory estoppel? A) It is invoked in cases having incompetent parties. B) It permits a court to order enforcement of a contract that lacks consideration. C) It allows for a party to claim goods that were never paid for. D) It is invoked in cases that involve a promissory note. 2. Which of the following is true for a minor under the infancy doctrine? A) A minor is bound to the...
6 Which of the following is not a factor that private mortgage insurance companies consider when ...
6 Which of the following is not a factor that private mortgage insurance companies consider when they set their rates and coverage parameters? Oa. Loan amount and loan type O b. LTV and the borrower's credit score c. Borrower's age and familial status 7 The waiver clause in a promissory note states that all parties to the contract are waiving the right of: b. alienation. O c. assumption d. unconditional promise of payment 8 The Uniform Residential Appraisal Report (URAR)...
16. A promise to surrender an invalid claim is consideration, provided the promisor a in good...
16. A promise to surrender an invalid claim is consideration, provided the promisor a in good faith thought the claim was valid b. has an objectively reasonable claim (makes a claim whose validity is objectively uncertain C. both (a) and (b) d giving up an invalid claim is never a legal detriment For many months you have patronized Alice's barber shop. Yesterday you entered the shop, satin Aloes barber chair and without comment let her cut your hair. Since you...
Exam #1 Page 3 of 4 16. A promise to surrender an invalid claim is consideration,...
Exam #1 Page 3 of 4 16. A promise to surrender an invalid claim is consideration, provided the promisor in good faith thought the claim was valid has an objectively reasonable claim (makes a claim whose validity is objectively uncertain both (a) and (b) giving up an invalid claim is never a legal detriment For many months you have patronized Alice's barber shop. Yesterday you entered the shop, sat in Aloe's barber chair and without comment let her cut your...
Background: Contracts are essential for business, and will be an integral part of GC operations, so the owners now want...
Background: Contracts are essential for business, and will be an integral part of GC operations, so the owners now want to focus on contract law. Each of the owners has experience with contracts in their own businesses, and appreciate the probable risks and liabilities associated with contracts. They also know that to avoid possible disputes with employees and clients, contracts should be comprehensive, clear and specific. The GC owners know that there are various types of contract agreements relevant to...
25. An exculpatory clause is a contract clause which a places total responsibility for injury or damages to property on an insurance company excuses a party from liability for his or her own negligence is unconscionable because the UCC so provides Imits the time for collecting damages. 26. Won agreement is in part legal and in partiogal: a. the total agreement is vold b. the legal performance will be enforced provided that the illegal performance does not involve serious moral...
Question 10 Go to Part 6, Alberta's Sale of Goods Act. Which one of the following is NOT true: Not yet answered Select one: a. A finding of a judge that a "reasonable time" has lapsed is a Marked out of finding of law. 1.00 b. The rules of common law continue to apply to contracts for the sale of goods, except insofar as they are P Flag inconsistent with the express provisions of Sale of Goods Act. question C....
answer all of them
A buyer breached a sales contract. If the seller elects to resell the goods, the sale: must be conducted in a commercially reasonable manner. O must be conducted by an unbiased third party. O must be without recourse. O must be particularized. Question 15 (1 point) Sam, a seller, shipped goods to Beto, a buyer, under a sales contract. Beto inspected the goods and indicated that the goods were acceptable. Later, Beto discovered a hidden defect...
1. Which of the following is true about a promissory estoppel? A) It is invoked in cases having incompetent parties. B) It permits a court to order enforcement of a contract that lacks consideration. C) It allows for a party to claim goods that were never paid for. D) It is invoked in cases that involve a promissory note. 2. Which of the following is true for a minor under the infancy doctrine? A) A minor is bound to the...
6 Which of the following is not a factor that private mortgage insurance companies consider when they set their rates and coverage parameters? Oa. Loan amount and loan type O b. LTV and the borrower's credit score c. Borrower's age and familial status 7 The waiver clause in a promissory note states that all parties to the contract are waiving the right of: b. alienation. O c. assumption d. unconditional promise of payment 8 The Uniform Residential Appraisal Report (URAR)...
16. A promise to surrender an invalid claim is consideration, provided the promisor a in good faith thought the claim was valid b. has an objectively reasonable claim (makes a claim whose validity is objectively uncertain C. both (a) and (b) d giving up an invalid claim is never a legal detriment For many months you have patronized Alice's barber shop. Yesterday you entered the shop, satin Aloes barber chair and without comment let her cut your hair. Since you...
Exam #1 Page 3 of 4 16. A promise to surrender an invalid claim is consideration, provided the promisor in good faith thought the claim was valid has an objectively reasonable claim (makes a claim whose validity is objectively uncertain both (a) and (b) giving up an invalid claim is never a legal detriment For many months you have patronized Alice's barber shop. Yesterday you entered the shop, sat in Aloe's barber chair and without comment let her cut your...
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