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- What was the correct interpretation of condition 4 in DTR Nominees Pty Ltd v Mona Homes Pty Ltd (1978) 138 CLR 423? Choose one of the following. A plan containing the 9 lots being sold should have already been lodged for registration at the time of contract. The plan attached to the contract containing 35 lots could be registered in 2 stages, so long as the plan already lodged at the time of contract contained the 9 lots being sold. The plan attached to the contract containing 35 lots should have already been lodged for registration at the time of contract. The plan attached to the contract containing 35 lots could be lodged within 14 days of the contract being signed.Initial impossibility of performance renders a contract...The following situations generally require a contract to be in writing: • sales of land • purchases of goods over $500 • promises made in consideration of marriage ⚫ contracts that cannot be completed in less than one year • a contract in which one person promises to pay the debt of another person This legal concept is known as offer and acceptance promissory estoppel the statute of frauds et lux perpetua luceat eis
- 8. How many written days notice must you give an owner before you leave a rented apartment. * A one month B two months O C six months O Done year 9. A document that you and the owner will fill out before you rent an apartment that lists any damages that were in the apartment before you moved in is called alan * O A will O B prenuptial agreement O C power of attorney O Dinventory checklist 10. This document puts your wishes in writing as to how you would like your medical care to be handled if you are unable to make decision for yourself. O A power of attorney Ba trust fund Ca living will O Dan alimony document 11. This is the term we use for all that a person owns. * O A Beneficiary O B An Estate Ca Trust fund O D Whole life insurance fund O Ea Mortgage 12. This document gives you the right to deal with all of the financial aspects of another person life. * O A Power of Attorney O B Health Care Proxy O Ca living will O Da trust fund 13. You should purchase life insurance, and make a…Which of the following policy provisions specifies that, if an insured fails to pay a renewal premium within the time granted but the insurer subsequently ace may be restored? OA Grace Period Reinstatement OC Time of Payment of Cairns OD. Entire Contract OB. 00Your insured lives in an apartment but takes a temporary position in another city and must store some me for fur ture items in a storage ware apartment is sublet to a friend. Subsequently, the warehouse is broken into and some of your Insured's furniture is stolen. What Would a Tenant © A) The actual cash value or replacement cost of the property stolen less the policy deductible, subject to the 10% limitation on property temporanlite O B Nothing. The loss is not covered © C The actual cash value or replacement cost of all the personal property stolen, less the policy deductble, subject to the polis limit © D That proportion of the loss which the value of the property at the warehouse bears to the total value of all of his her personal property
- 5. List the six (6) types of contracts that must be in writing.Janice's Juices, LLC is a single-member LLC that was created and began business on January 1, 2022. Due to an oversight, no S election (or other entity classification election) was made by the regular deadline to make an election for 2022. Assuming the business otherwise qualifies to request late S corporation election relief, it must file Form 2553 by which date?What are the legal requirements for a valid and enforceable deed for the transfer of real property?
- 1a. What are the general characteristics of bailments? 1b. List and describe the elements of a bailment. 1c. Describe the various types of bailments and provide an example of each.1. What are the general characteristics of bailments? 1a. List and describe the elements of a bailment. 1b. Describe the various types of bailments and provide an example of each.Insane persons have full contractual capacity.. true or false?
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