Commercial impracticality - Study guides, Class notes & Summaries

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REE 4433 EXAM 2 Questions & Answers
  • REE 4433 EXAM 2 Questions & Answers

  • Exam (elaborations) • 48 pages • 2024
  • REE 4433 EXAM 2 John assigned his right to receive a deed from Trudy to Hannah. Contracts assigning deeds are unenforceable. John is relieved from making payment to Trudy. Hannah will be entitled to the deed. John is an assignee. - Answer-Hannah will be entitled to the deed. Harry offers in writing to sell Lynn Blackacre. Lynn accepts, thinking that the offer refers to Greenacre. In fact, Harry made the offer thinking that it referred to Greenacre. Either party may rescind the cont...
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REE 4433 Exam Questions With Correct Answers
  • REE 4433 Exam Questions With Correct Answers

  • Exam (elaborations) • 60 pages • 2024
  • REE 4433 Exam Questions With Correct Answers John assigned his right to receive a deed from Trudy to Hannah. Contracts assigning deeds are unenforceable. John is relieved from making payment to Trudy. Hannah will be entitled to the deed. John is an assignee. - answerHannah will be entitled to the deed. Harry offers in writing to sell Lynn Blackacre. Lynn accepts, thinking that the offer refers to Greenacre. In fact, Harry made the offer thinking that it referred to Greenacre. Either part...
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ALC 2 LEGAL ENVIRONMENT OF BUSINESS
  • ALC 2 LEGAL ENVIRONMENT OF BUSINESS

  • Exam (elaborations) • 36 pages • 2022
  • 1. What are items of personal property that are attached to real property and cannot be removed without substantial damage called? -Connectors, Relaters, Entanglements, Fixtures 2. Which of the following statements best describes an offer under UCC -An offer is not defined by UCC, An offer is an invitation to buy or sell between merchants, An offer is anything writing sufficient to describe the goods, An offer is contained in the standard business forms. 3. A product that was sold without...
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