Exam (elaborations)
LAW OF CONTRACTS - CHAMPIONS TEST WITH VERIFIED SOLUTIONS.
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LAW OF CONTRACTS - CHAMPIONS TEST WITH VERIFIED SOLUTIONS.
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LAW OF CONTRACTS - CHAMPIONSTEST WITH VERIFIED SOLUTIONS
The bBuyer band bSeller bTemporary bResidential bLease bforms bmay bbe bused bfor ba blease bperiod bnot
bto bexceed: b- b bcorrect banswer- b90 bdays
bAccording bto bthe bDeceptive bTrade bPractices bAct b(DTPA), bbrokerage bfalls bunder bthe bcategory bof
b________. b- b bcorrect banswer- bservices
b________ blaw bis ba bbody bof blaw bbased bon b"common bsense" band blocal bcustom. b- b bcorrect
banswer- bcommon
bWrongful bor bcriminal bdeception bintended bto bresult bin bfinancial bor bpersonal bgain bis bcalled:term-
1 b- b bcorrect banswer- bfraud
b__________ bextend babove bthe bsurface bwithout blimitation. b- b bcorrect banswer- bair brights
, bWhich bof bthe bfollowing bis ba bphysical bcharacteristic bof bland? b- b bcorrect banswer-
bindestructability
bThe bfour beconomic bcharacteristics bof bland bare: bscarcity, bfixity, bsitus band b________. b- b bcorrect
banswer- bmodification
bA(n) b________ bis ba bbusiness bventure bthat bis bowned bby bone bindividual. b- b bcorrect banswer-
bSole bproprietorship
bBill bis bthe bbuyer bpurchasing ba bproperty bfrom bSally. bAll bcontingencies bhave bbeen bmet band bthe
bparties bare bready bto bclose. bOne bday bprior bto bclosing, bSally bannounces bthat bshe bhas bchanged
bher bmind band bis bgoing bto bkeep bthe bproperty. bBill bis bdetermined bto bcomplete bthe bpurchase
band bacquire bthe bproperty. bThe bonly bdefault bremedy bin bthe bcontract bthat bcould bresult bin bBill
bacquiring bthe bproperty bis___________________________. b- b bcorrect banswer- bspecific
bperformance
bCooperatives b- b bcorrect banswer- bDo bnot bown btheir bspecific bunit.
bAn bexample(s) bof ban bappurtenance bwould bbe: b- b bcorrect banswer- beasements
bAt bclosing, bthe bcontract bis: b- b bcorrect banswer- bfully bexecuted
bA(n) b________ boccurs bwhen ba bnew bcontract bis bsubstituted bfor ban bexisting bone. b- b bcorrect
banswer- bnovation
bBuyers' band bsellers' bmarital bstatus bis bnot brequired bin bthe bcontract. b- b bcorrect banswer- btrue
bThere bis bno bupper blimit bon bthe bvalue bof ba bTexas bhomestead. b- b bcorrect banswer- btrue
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