Business Law Examples with correct solutions

Business Law Examples with correct solutionsI sell you my car and you have not given me the money - correct answer Executory I gave you the car and you gave me the money - correct answer Executed I have a healthcare proxy but I can't control your money, and I couldn't get you a POA because your incapacitated, do you want guardianship of the person or property? - correct answer Property, you want to control the money Tor F: If you have a healthcare proxy, most likely you don't need guardianship of the person? - correct answer true T or F: If you have POA, most likely you don't need guardianship of the property? - correct answer true What contract: I want you to run around the campus in under 25 minutes - correct answer unilateral when someone posts a reward for their lost pet, wallet, cellphone, etc. By offering the reward, the offeror sets up a ____________ contract that stipulates that the reward will be issued once the lost pet or item is found. - correct answer unilateral Someone tells Morgan not to wear a seatbelt for 6 months. And for 6 months he hasn't worn one. Can he receive the award? - correct answer NO, what he did was illegal Communication of Offer to Offeree: If I said find my cat and you get a reward. And you never heard of the offer. And you find the cat, are you entitled to the reward? - correct answer No, you can't accept an offer unless you know of the offer