Question

Question 25 (1 point) Under current Minnesota law: O e-contracts are enforceable, but e-signatures are not O e-signatures are enforceable, but e-contracts are not O both e-contracts and e-signatures are enforceable O neither e-contracts nor e-signatures are enforceable Save Question 26 (1 point) A month ago, Bill signed a contract to purchase a resort on Lake Superior from Scott. Bill was overjoyed, for he had coveted the property for years. However, Scott has changed his mind and now refuses to go through with the sale. Without kmowing more, the most appropriate remedy for Bill would be: O Specific performance O Compensatory damages O Liquidated damages O Punitive damages O Restitution Save Question 27 (1 point) Fred and Paul signed a contract in which Fred agrees to paint Paul's house in exchange for $1500. One week later, Fred and Paul agree that Paul will pay the $1500 to Fred's daughter, Emma. Fred tells Emma ofthe second agreement. Emma is: O An intended beneficiary O An incidental beneficiary. O A delegatee. O An assignee. Save

Please help me out with these three business law problems!!

Answer 1

Question 26

Specific performance

In some contracts between buyers and sellers, the goods described are specific, meaning if these goods are not delivered, monetary damages would not be enough to make up for the loss. In these circumstances, the buyer can file a suit for specific performance.

Question 27

An incidental beneficiary

An incidental beneficiary is someone who indirectly obtains a benefit as the result of the main purpose of the trust. An incidental beneficiary is a beneficiary who is not an intended beneficiary.