ess2321204 quizzes/4046591 take Question 28 10 pts A contractual obligation may be discharged through novation. A novation occurs when both of the parties to a contract agree to substitute a third party for one of the original parties. The requirements of a novation are as follows: Edit View Insert Format Tools Table 12pt Paragraph BIUA V T² acer
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- Kelly Clarkson moved from unincorporated Nashville which is in Davidson County to Atlanta without selling her house. Blake found out she moved and asked if he could purchase the property if the City decides to incorporate the house into the City of Nashville. Kelly agreed and the contract stated that if the City of Nashville incorporates the house into the City then Kelly would sell the house to Blake. This is an example of _________. Question options: An options contract A dumb move A condition subsequent A condition precedent9. In many countries, a computer-scanned image of a signed contract is legal. True FalsePls help ASAP
- The UCC has replaced the common law concept1 The UCC has replaced the common law concept of title in part with the concept of risk of loss.2. True or False: If goods or tender of delivery fail in any respect to confirm to a contract, the buyer or lessee loses the right to accept the goods.3. True or False: If a lessee is insolvent, a lessor can stop a carrier or bailee from delivering the goods regardless of the quantity shipped.4. City Cab Company and Daveâs Autos enter into a contract for a sale of motor vehicles. City assures Daveâs that it has valid title to the vehicles. Under the UCC, warranties of title arises:a. Automatically in most sales contracts.b. Only if the buyer asks for such a warranty.c. Only if the seller expresses such a warranty.d. Only in conjunction with lease contracts, not sales contracts.5. Concrete Products, Inc., assures Deepwater Construction Company (DCC) that Concreteâs cement will not crack within a…Pls help ASAPon both plsWhich of the following remedies may be provided for in a contract? Question 6Answer a. liquidated damages, deposits, down payments b. rescission, specific performance, injunction c. all of the above d. none of the above
- 2116QUESTION 27 Which of the following is an example of a contract that lacks legality? O a. A contract to purchase a car from a licensed dealer Ob. A contract to provide consulting services OC. A contract to rent an apartment for a year Od. A contract to purchase illegal drugs QUESTION 28 What is a breach of contract? Oa. A contract that is void and unenforceable O b.A negotiation process to resolve contract disputes OCA legal document that outlines the terms of an agreement O d. A failure to perform a duty as specified in a contract Show Transcribed Text QUESTION 29 3 QUESTION 30 C Which of the following is NOT a remedy for breach of contract? O a. Specific performance O b. Rescission O c. Damages O d. Arbitration Which of the following is a factor that can render a contract voidable? Oa. Undue influence Ob. All of the answers are correct OC. Mistake O d. Duress
- Abroducer has taken an application for an individual Disablay In CORRECT about this situation? ΟΛ 8 OD Y, CBS & GAS Since the producer collected a premium when taking the application, the road is As soon as the insurance company receives the application aren, wil policy. The Insurance company will be a policy to the applicant only the tongy te issued the appearty The insurance company will complete standard underwriting procedures before making a decision abt whether to was the op codeed Whe to may ad te led the ac à pricy to the with the ide dang the de time with pPls help ASAPConsideration must move at the desire of Question 17Answer a. both the promisor and the promisee. b. the promisor, c. the promisee, d. promisor or any other third party, Clear my choice