B law exam 1 contracts - Study guides, Class notes & Summaries

Contract Law for Paralegals Exam Questions and Answers 100% Pass What is a contract? -Answer-a contract is a legally enforceable agreement composed of a promise or promises that have been agreed on and that create both rights and duties for the parties to the agreement. Requires: - mutual assent, - consideration, aka "bargained-for exchange of promises", and - no defenses to formation. (#1, 8) . What law applies to: Services Land Goods -Answer-• common law (state case law) for se...

Primerica Practice Exam Test A 75 Questions & Answers 2023 1. An annuity that is purchased with a lump sum premium and whose benefits begin after 12 months is called a: A. Single premium immediate annuity. B. Single premium deferred annuity. C. Level premium variable annuity. D. Flexible premium fixed annuity. - Correct answer-Single premium deferred annuity 2. A technique used to determine the amount of life insurance needed by focusing on the projected earning potential of an insured ...

Colibri Real Estate (Real Estate Express) Final Exam Review Questions and Answers 100% Accurate Broker Jane has been accused of a law violation regarding commissions. Which of the following might result in her being found guilty? A) Jane paid a commission to her licensed personal assistant. B) Jane paid a commission to the wife of one of her licensees who was recently killed in an auto accident. The deceased licensee had earned the commission prior to his death. C) Jane paid a commission...

CON 3900 Practice Exam: Questions & Answers Latest 2024/2025 (100% Correct) Market research is conducted during which phase of acquisition? (Ans- All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? (Ans- Deviation Simplified Acquisition Procedures (SAP) should (Ans- Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? (Ans- DD Form 1547, Weighted Guidelines Method What type(...

CON 3910 Practice Exam 1 Questions with Verified Solutions Market Research is conducted during which phase of acquisition? All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR Deviation Simplified Acquisition Procedures (SAP) should: Promote competition to the maximum extend practicable What is the tool (form) used by DoD to apply a structured profit/fee? DD Form 1547 - Weighted Guidelines Method What type(s) of contracts can be awar...

NCBE National Conference of Bar Examiners Multistate Online MBE 2024 Bar Examination - Online Practice Exam 1 100 Verified exam questions and further explained answers Question # 1 - Contracts In January, a teacher contracted with a summer camp to serve as its head counselor at a salary of $10,000 for 10 weeks of service from the first of June to the middle of August. In March, the camp notified the teacher that it had hired someone else to act as head counselor and that...

BLAW212 2024 Exam Questions and Answers All Correct Doctrine of Part Performance Test - Answer-1. is there an enforceable agreement but for section 24 of the Property Law Act 2007 2. has there been part performances of the oral agreement to do something which is: A. clearly a step in the performance of a contractural obligation or right under that agreement; and B. Was on the balance of possibilities done on the basis that a contract for the sale of land as alleged was in existence? 3....

Chapter 1 - 5 Louisiana Notary Guide EXAM NEWEST 2024 ACTUAL EXAM 180 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ASNWERS) |ALREADY GRADED A+ Common function of Notaries - Answer- a) perform quasi public functions b) confer authenticity c) provide documents with a fixed date d) determine marketability of title of land Concepts of Notary as a Public Official - Answer- a) charged w/ establishing dates on which those acts were executed b) preserving those acts in their custody c) iss...

Chapter 1 - 5 Louisiana Notary Guide EXAM NEWEST 2024 ACTUAL EXAM 247 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ASNWERS) |ALREADY GRADED A+ Common function of Notaries - Answer- a) perform quasi public functions b) confer authenticity c) provide documents with a fixed date d) determine marketability of title of land Concepts of Notary as a Public Official - Answer- a) charged w/ establishing dates on which those acts were executed b) preserving those acts in their custody c) iss...

LEGL 2700 Exam 2 Review Questions and answers, RATED A+/ Contracts - -Promises that are enforceable with predictable consequences for performance failures, does not have to be written (ch 8) Contract Law comes from either - -Legislation- UCC Article 2 covers sale of goods Common Law- judge made law for contracts for things other than goods (ch 8) bilateral contract - -promise for promise exchange (ch 8) unilateral contract - -promise is made in exchange for performance so only one party...