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- Pls help ASAPWhat 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.A seller paid $1,200 in HOA fees at the beginning of the year. The buyer closed on the property and took possession on June 1st. Using the 360-day calendar, how much would the buyer owe the seller in prorated HOA fees? $200 $700 $600 $1,200
- In the case of a contract for sale by sample there is an implied condition of all the following EXCEPT: That the goods will be free from any defect, rendering them un-merchantable, which would not O a. be apparent on reasonable examination of the sample. O b. That the buyer will have a reasonable opportunity of comparing the bulk with the sample C. That the bulk will correspond with the sample in quality O d. That the bulk of items will on average correspond with the sample qualityMarty is buying a lot in another state which will be part of a retirement community. There will be at least 75 lots as part of the community. What does the developer need to give Marty before Marty signs the contract? a property report a CMA an EDO an appraisalThe 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…
- If a sale staff is found not verbally disclosed specific features and materials risks of a high yield bond, which of the following is the most suitable follow-up action in Hong Kong? A. the sale staff should provide the key risk factor disclosure to the customer once again B. the sale staff should send an e-mail to the customer by highlighting the specific features and materials risks of the high yield bond. C. the sale staff should make a supplementary call to the affected customer and adio-record the disclosure in due course. and acknowledgement from the customer is obtained to confirm his/her/their understanding or the disclosure. D. if the transcation is completed, no further action is required.a) List the five requirements for contract formation and give a short (approximately 1–2 sentences) description of each requirement.b) Choose one of the requirements from your answer to (a). Write a short (approxi- mately 5–10 sentences) example of a contract that does not satisfy this requirement and explain why.If the New York Philharmonic records Beethoven's 5t Symphony on DG records. And, DG records pays for the recording, musicians and expenses of the recording, WHO owns the "pertormance" of the work: A. The NY Philharmonic B.DG Records C.The Conductor of the Orchestra D.Beethoven