Contracts bar exam - Study guides, Class notes & Summaries

ARM 402 Exam Practice Questions with 100% Correct Answers (2024/2025) Telematics devices allow organizations to accurately identify patterns of risk and predict risk for which one of the following types of loss exposures? A. Automobile B. Property C. Workers compensation D. Business income - ️️ -A Which one of the following is a major benefit that smart insurance contracts can provide to insurance customers? A. Smart contracts can render a risk completely preventable. B. Smart con...

CONTRACTS (CALIFORNIA BAR EXAM) REVIEW QUESTIONS AND ANSWERS, GRADED A+ Two rules related to applicable law - -All-or-nothing rule and predominant purpose rule. Valid agreement - -A legally enforceable contract is created through the process of mutual assent (i.e., offer and acceptance) and consideration, provided no valid defense to contract exists. Merchant - -A person who REGULARLY DEALS in the type of goods involved in the transaction or otherwise by his occupation HOLDS HIMSELF OUT...

AYPO Real Estate Promulgated contracts actual exam questions and answers 2024 "Psychological stigmas," which involve violent or catastrophic events on a property, fall under which category of disclosure? a. Required disclosures b. Prohibited disclosures c. Permitted disclosures d. None of these -Answer-c. Permitted disclosures If there is a field in a promulgated form for which you have no information to include, your safest option is which of the following? a. Run a line through it ...

California property and casualty exam, Pool Questions & Answers. Verified. Rated A The process where by a mutul insurer becomes a stock company is called - Demutalization The process whereby a stock company a mutal insurer is called - Mutalization The provision in a property policy which states that the insured has been paid up to their insurable interest is - Valuation clause The part of the policy that states the amout of coverage the insured property policy period is - Declara...

NASCLA Business Law and Management Exam Questions With 100% Correct Answers | Latest Update 2024/2025 | Rated A+. Sole Proprietorship - Correct Answer-a business owned and managed by a single individual Simplest form to set up unlimited Liability Partnerships - Correct Answer-Business organizations in which two or more persons share responsibilities, costs, profits, and losses. C Corporations - Correct Answer-Corporations that have no restrictions on who owns their shares or the number o...

COLORADO CONTRACTS AND REGULATIONS EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE. In the Denver Bar Association versus the Title Guaranty Company _____________. - -the court ruled that title companies, unlike real estate brokers, could not prepare legal documents for others. True or False: Using their best judgment, Brokers are allowed to "fill in the blanks" on non- commission approved pre-printed forms like warranty deeds and leases. - -True Conway-Bogue Decision (June 10, 1957) ...

michigan bar exam with Verified Solutions 2024 to get married parties must - Answer -1. be 18, 16 with one parent consent, under 16 with both parents' and judicial consent 2. not be too closely related 3. have mental capacity to consent 4. not have a prior undissolved marriage to a living spouse waiting period for marriage license - Answer -72 hours valid common law marriage requirements - Answer -an exchange of consents between two people with capacity cohabitation, and a holding ou...

Bar Exam Questions & Answers 2023/2024 Agreements to modify a contract may be enforced... - ANSWER-if there are new obligations on both sides Actual damages - ANSWER-Remedies are meant to compensate the nonbreaching party for actual economic loss Expectation Damages (contracts) - ANSWER-normal measure of damages for breach of contract and are intended to put the injured party in the same position as if the contract had been performed. Nonbreaching party must be able to prove these damag...

NASCLA Business Law and Managment EXAM SC Questions with Correct Answers Sole Proprietorship - answera business owned and managed by a single individual Simplest form to set up unlimited Liability Partnerships - answerBusiness organizations in which two or more persons share responsibilities, costs, profits, and losses. C Corporations - answerCorporations that have no restrictions on who owns their shares or the number of shareholders; they cannot qualify for subchapter S tax treatment and are s...

Bar Exam: Contracts Latest Update Already Passed Accord and Satisfaction An accord is an agreement under which one party agrees to accept some other, different performance from the other party than he would have received under the existing contract. An accord must be supported by consideration. Satisfaction discharges the accord and the original contract. Insolvent Buyer A seller must deliver goods to an insolvent buyer if the buyer tenders cash for their payment Promise to pay a legal oblig...