Accord and satisfaction - Study guides, Class notes & Summaries

California Real Estate - State Test Prep Questions and Answers 100% Pass If property is sold while in probate - Correct Answer ️️ -Commission is only controlled by law under two situations. One being the Real Property Loan Law and... Real Property Loan Law - Correct Answer ️️ -Commission is only controlled by law under two situations. One being If property is sold while in probate and... agent of the broker - Correct Answer ️️ -The Broker is the Agent of the seller. The salesp...

Paralegal Core Competency Exam Question and answers 2023/2024 verified to passAbatement - correct answer Process of selling estate property to pay debts. Abatement of Rent - correct answer A deduction from the rent owed for the diminishment in value of the premises caused by the lack of maintenance. Abstract of Title - correct answer Chronological summary of all official records and recorded documents affecting the title to a parcel of land. Accord and Satisfaction - correct answer The ...

Business Law FBLA questions with answers graded A+Acceptance - correct answer The second party's unqualified willingness to go along with the first party's proposal Accord and Satisfaction - correct answer A legal way to settle contractual disputes by which one party agrees to accept less than the amount due as full payment Actual Authority - correct answer The real power a principal gives to an agent Actual Notice - correct answer A formal notice given directly to a party, usually us...

Abatement - Process of selling estate property to pay debts. Abatement of Rent - A deduction from the rent owed for the diminishment in value of the premises caused by the lack of maintenance. Abstract of Title - Chronological summary of all official records and recorded documents affecting the title to a parcel of land. Accord and Satisfaction - The payment of money, or other valuable consideration (usually less than the amount owed), in exchange for extinguishment of a debt. There must b...

Final Exam (BCOR 2301) 2023 Questions and Answers Consideration The value given in return for a promise or performance in a contractual agreement. 1. Something of LEGALLY SUFFICIENT VALUE must be given in exchange for the promise. 2. There must be a BARGAINED-FOR-EXCHANGE. Legal Sufficient Value Something of value in the eyes of the law; may be: - Promise [to do something] e.g. pay supplier upon receiving goods - Performance [of an action otherwise not obligated to] e.g. prov...

NCTJ MEDIA LAW – DEFAMATION/ EXAM REVIEW QUESTIONS AND ANSWERS, RATED A+ Accord and Satisfaction - -— Defence can stop an action on the basis that the issue has already been dealt with. E.g. a correction and/or apology has already been published. Defamation - -— A statement about a person is defamatory if it tends to do any one of the following: 1) Expose him to hatred, ridicule or contempt, 2) Cause him to be shunned or avoided, 3) Lower him in the estimation of right-thinking ...

Impossibility of Performance - ️️A doctrine under which a party to a contract is relieved of his or her duty to perform when performance becomes objectively impossible or totally impracticable (through no fault of either party) Novation - ️️The substitution, by agreement, of a new contract for an old one, with the rights under the old one being terminated. Typically, this involves the substitution of a new party for one of the original parties to the contract Anticipatory Repudiati...

PARALEGAL CORE COMPETENCY EXAM 2024 ACTUAL TEST WITH COMPLETE SOLUTION

Paralegal Core Competency ExamAbatement - correct answer Process of selling estate property to pay debts. Abatement of Rent - correct answer A deduction from the rent owed for the diminishment in value of the premises caused by the lack of maintenance. Abstract of Title - correct answer Chronological summary of all official records and recorded documents affecting the title to a parcel of land. Accord and Satisfaction - correct answer The payment of money, or other valuable consideratio...

WASHINGTON REAL ESTATE EXAM PREP 1 REVIEW QUESTIONS AND ANSWERS, RATED A+/ VERIFIED. What is a legal action to stop a nuisance? - -abatement A history of every recorded document dealing with a property? - -abstract A means of obtaining land value by deducting the value of improvements from the total property value? - -abstractive method What is a condensation of a court judgment? - -abstract of judgment What is obtaining title as a result of attaching or joining property to other proper...