Covenant not to compete - Study guides, Class notes & Summaries

Basic Contract Law for Paralegals Chapters 1-8 Exam Questions and Answers 2024 Legality -Answer-The condition of conformity with the law; lawfulness. Usury -Answer-Charging a rate of interest that exceeds the rate permitted by law. Surrogacy Contract -Answer-A situation where a woman who "hosts" the fertilized egg of another woman in her womb or who is artificially inseminated with the sperm of a man who is in a relationship with someone else agrees to assign her parental rights to the ...

The term "consideration" in relation to contracts involves parties acting in an ethical manner. - ANSWERSfalse The Restatement (Second) of the Law of Contracts is not actually the law itself. - ANSWERStrue Whether a contract is bilateral or unilateral depends upon what response the offeror expects from the offeree. - ANSWERStrue Today, courts hold that once an offeree begins performance on a unilateral contract, the offeror must hold the offer open for a reasonable time to allow the o...

Rockwell Real Estate Classes WA Final Exam 1 | Questions, Answers and Rationales A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: a. quitclaim deed b. bill of sale c. special warranty deed d. general warranty deed Deeds transfer title to real estate, a bill of sale is generally needed to transfer title to personal property. Ben receives a life estate in a property, with his nephew Will designated as the remainderman. When Ben die...

ACC 480 Final Exam Questions And Answers 100% Verified What are the elements of a contract? - answerAgreement, Consideration, Contractual Capacity, and Legality What is the objective theory of contracts? - answerA court looks at the objective beliefs of the parties at the time of signing. AKA What would a reasonable person think? What is a Quasi Contract? - answerAn unofficial contract to AVOID UNJUST ENRICHMENT. Ex. Guy in a coma. When is it too late for an offer to be revoked? - answer...

ACC 480 Final Exam Questions And Answers 100% Verified What are the elements of a contract? - answerAgreement, Consideration, Contractual Capacity, and Legality What is the objective theory of contracts? - answerA court looks at the objective beliefs of the parties at the time of signing. AKA What would a reasonable person think? What is a Quasi Contract? - answerAn unofficial contract to AVOID UNJUST ENRICHMENT. Ex. Guy in a coma. When is it too late for an offer to be revoked? - answer...

contract - correct answer a promise/set of promises for the breach of which the law gives a remedy or the performance of which the law in some way recognizes a duty covenant not to compete - correct answer restrict what an employee may do after leaving a company often dictate where, when, and with whom an employee may work(common in technology and sales) elements needed for a contract to exist - ...

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...

Rockwell Real Estate Classes Final Exam Questions and Answers Updated 2023/2024. Deeds transfer title to real estate, a bill of sale is generally needed to transfer title to personal property. Ben receives a life estate in a property, with his nephew Will designated as the remainderman. When Ben dies, what kind of interest does Will receive? A. Fee Simple Estate B. Life Estate C. Remainder Interest D. Reversionary Interest A. Fee Simple Estate The interest that passes to a designated pe...

Contract - ANSWERS"A promise or set of promises for the breach of which the law gives a remedy or the performance of which the law is some way recognizes a duty" an agreement between two or more competent parties, to perform or refrain from performing some present or future act. Contract Law - ANSWERSReflects what promises/commitments our society believes should be legally binding. Breach of contract - ANSWERSThe failure, without legal excuse, of a promisor to perform the obligations of ...

BLAW 3310: Test 3: miller uta Exam Questions and Answers Employment-at-will doctrine -Answer-Refers to the presumption that employment is for an indefinite period of time and may be terminated either by employer or employee. wrongful termination -Answer-A cause of action an employee may have if dismissed for an improper reason, such as exercising a public right or other interest protected in the employment relationship, such as protected class status under title VII "good faith" excepti...