LSB 3213 Exam 4 Questions and Correct Verified Answers Latest Version
0 view 0 purchase
Course
LSB 3213
Institution
LSB 3213
A condition precedent must be met before a party's performance can be
required.
True
A party normally satisfies its duties under a contract by novation.
False
Complete performance occurs when conditions in a contract are
fully satisfied.
Performance that provides a party with most of the...
Mona and Nero want to discharge their contract by executing and
performing a new agreement. They can best accomplish this by
✓ accord and satisfaction.
The assignment of same contract right to two different parties result in their
"splitting the difference."
✓ False
Musical Production Company and Nora enter into a contract for Nora to write
six songd for which Musical agrees to pay her. Nora transfers her right to
payment under the contract to Omni Entertainment Agency. Nora is
✓ an assignor
An incidental benificiary is not entitled to enforce the promise of a promisor.
✓ True
Reba and Sly enter into a contract by which Reba promises to deliver newly
printed marketing brochures to Sly. Reba later transfers her duty under the
contract to Troy. Reba is
Master01 | September, 2024/2025 | Latest update
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller MASTER01. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
