If the third person is prevented from fixing the price by fault of the seller or buyer, the party not in fault may obtain redress against a person the party in fault. a. True b. False c. Partly true d. Partly false
Q: When a broker is changing from a single agency relationship with a seller to a transaction broker,…
A: The question is asking about the point in a real estate transaction when a broker can change from a…
Q: Provide a brief description of the business itself and then describe the product or services that…
A: In a world where coffee has become not just a beverage but a cultural experience, the proposed…
Q: What are the advantages/disadvantages of the UCC? Describe how the UCC makes (or does not make) a…
A: Uniform Civil Code (UCC) is characterized in the Article 44 of Directive Principles of State policy…
Q: If the seller, through words or behavior, makes promises about the goods, he has created an express…
A: Sales are an important source of income in an economy. Without sales a business cannot run or…
Q: Discuss five (5) circumstance each, that could cause termination or renewal of contract between two…
A: The objective of this question is to identify and discuss five circumstances each that could lead to…
Q: Pen Company and ABC Accounting firm enter into a contract for the purchase of 500 pens. The…
A: In the world of commerce, contracts play a vital role in establishing the rights and obligations of…
Q: True or false In order that trademark registration application is considered as a definitive…
A: ARTICLE 11-(1) Trademark application will comprise of; a) Application structure containing data on…
Q: What happens when homeowners owe more to subcontractors than the total price they were to pay the…
A: Subcontractors are independent businesses or persons hired by a general or primary contractor to…
Q: Fresh Grow Farm enters into a contract with Gourmand’s Restaurant for a sale of a certain quantity…
A: Note: We are answering question no. 1 as the question that needs to be answered is not specified.…
Q: Excel Co, a meat-packing company sold meat products to Silver Enterprises, the buyer. The buyer…
A: The question is asking who has the title to the goods in a situation where the original buyer…
Q: act for the sale of goods, if the seller does not have a place of business and the contract does not…
A: The answerto this question is true
Q: In which type of Contract is there a "lack of meeting of the minds?" a) Bilateral b)…
A: Note: According to our instructions, only three questions can be answered at a time. Meeting of the…
Q: Prevents the company from denying a claim after the policy has been in force for 2 years
A: Incontestibility clause is a clause to protect the policy holder in such cases where the policy…
Q: Which of the following is correct about implied and express contracts? Implied contracts can be…
A: Contract law effectively establishes the process of agreement development, implementation, and…
Q: 19) The Elle Corporation manufactures fingermail polish. Suzy buys a container of Elle's fingernail…
A: In the given scenario, Suzy purchases a box of Elle's fingernail polish employs it to her nails but…
Q: What happens when a party with the right to avoid a contract chooses to not avoid it? a. The…
A: Contracts are legally binding agreements between two or more parties, and they define the terms and…
Q: An offer can be defined as an intimation of words and conduct, with a desire to enter into a binding…
A: Contract law plays a fundamental role in regulating business transactions and ensuring the…
Q: Which of the following is false with regard to shipping contracts and destination contracts: A. A…
A: The area of law known as contract law oversees the formulation, interpretation, and upholding of…
Q: List the three requirements that a mistaken party has to prove in order to claim that the contract…
A: The business contract tells about the legally binding relationship between two business entities.…
Q: Product should have exchange value and must be capable of being exchanged between seller and buyer…
A: Leadership is the act of leading a group of people or an organization. It helps in motivating…
Q: Suppose Suzanne offered to sell you her boat on Wednesday for $2,000 and gives you until Friday at 9…
A: Breach of a contract is a situation when any party to the contract demonstrates a failure to fulfill…
Q: Which of the following would be considered a breach of contract? acceptance of nonconforming goods…
A: A breach of a contract refers to a condition in which either of the party refuses to perform there…
Q: Which one (1) of the following correctly completes the statement? Electronic accessories or…
A: Note: As per bartleby guidelines in case multiple questions are asked by the students then the…
Q: On 2nd March 2020, the GTV advertised a promotion sale for Dabe Limited stating that the Company’s…
A: Serlom should be aware of unrealistic practices of the companies these days to attract the customers…
Q: Explain the rule that risk passes with property. Cynthia who runs a fry fish…
A: Approach to solving the question: I developed the answer by applying the IRAC method (Issue, Rule,…
Q: Tying contracts, which is prohibited under the Clayton Act, refers to the situation where a producer…
A: In the realm of antitrust law, particularly under the provisions of the Clayton Act, certain…
Q: An offer was presented but the seller did not accept the offer, instead, he suggested different…
A: An offer is simply referred to as a proposal made by a party called an offeror to another party…
Q: What kind of argument is present when the premises of an argument do not lead to the conclusion?
A: An argument aims to demonstrate the validity or soundness of the conclusion by showing how the…
Q: Suppose you are starting a new outdoor adventure business. You enter into an agreement with your…
A: The objective of the question is to understand the legal implications of a sales contract where the…
Q: Every sales contract imposes an obligation of good faith in its performance. Please explain the…
A: The concept of good faith, within the context of sales contracts, refers to a fundamental principle…
Q: The seller's agent has certain duties to the client-principal. Duties of the principal include…
A: The principal-agent relationship is a type of relationship in which the principal appoints an…
Q: True or False 1. Employees must be given the opportunity to give or withhold consent before their…
A: Employee monitoring is a common practice in organizations. Organizations are seen using different…
Q: The basis of property acquired as a result of an involuntary conversion is equal to the cost of the…
A: Here, the above question is about the true of false statement, in case of involuntary conversion, we…
Q: Non-compete agreements are typically held to be illegal in most states. True False
A: Non compete agreements are the contracts that exist between an employee and an employer in which the…
Q: Three cases have been presented to your law office. In each case, your client believes the other…
A: Law plays an integral role in making the judgements related to complex situations. It helps in…
Q: 22. The initials "HDC" in negotiable instruments refers to: A - Nothing B - Holder in Due Course C -…
A: Disclaimer- "Since you have asked multiple questions, we will solve the first question for you. If…
Q: Black contracted with White to build a certain number of large transmission towers for a stated…
A: A contract is an agreement enforceable by law. It is a legally binding document between at least two…
Q: Firm A is having financial difficulties. It delivers goods to a carrier for shipment to a foreign…
A: Firm A is having financial difficulties. It delivers goods to a carrier for shipment to a foreign…
Q: Two days after closing, The seller gives a $500 bonus to the selling agent. The agent should: a)…
A: Explanation : A bank reconciliation is process of matching of the balance in the accounts of an…
Q: Seller entered into a contract to sell goods at a contract price of $2,000. At the delivery date,…
A: This question belongs under the Sales Act. In this case, the buyer was expecting the goods will be…
Q: Your auto insurance company has offered you a 15 percent discount (roughly $200 per year) if you…
A: The problem at hand is whether to accept an offer from your auto insurance company. They are…
Q: In the following quote: "The BFOQ standard adopted in the statute is one of“ reasonable necessity,…
A: A bona fide occupational qualification is described as a legal provision that allows employers to…
Q: Bill offers to sell his car to Tom for $9,000. Tom replies, “Your price is too high! I will offer to…
A: In the given situation, when Tom offers to buy Bill’s car for $8000 when the original offer of Bill…
Step by step
Solved in 2 steps
- The personal feature of property insurance contracts means that: * A) subrogation always applies B) ambiguities in the wording will always be construed against the insurer C) insurance contracts cannot be freely transferred to other parties D) the buyer of insurance must have insurable interest in property before the policy is issuedFor an action in passing off to succeed, who must the misrepresentation be made to? Select one: a. to people who know the trader (the claimant) b. to a trader (the claimant) c. to customers or ultimate consumers of the products of the trader (the claimant) d. to customers of a trader (the defendant)1. The Sherman Antitrust Act prohibits price fixing. Price fixing is A. the use of false or misleading statements or practices to persuade buyers that a product is a better deal than it really is. B. the practice of employing price differentials that tend to injure competition by giving one or more buyers a competitive advantage. C. an agreement among competing firms to raise, lower, or maintain prices for mutual benefit. D. an attempt to establish high prices by becoming the market leader. E. the intent to set a product's price so low that rival firms cannot compete and therefore withdraw from the marketplace. 2. Travis Kellogg is a sales representative for Xerox and his territory includes St. Louis and the surrounding suburbs. One of his accounts is Cintas, which offers a wide range of products to businesses. Travis was working with the Cintas division manager, Kiera Valentine, to gain her approval to purchase a networked printer and copier for the local office.…
- If an issue arises after the completion of a transaction, which of the following actions should a salesperson take to remedy the situation? O slect one answer. The salesperson should act promptly and resolve any Issues that may arise before the parties take legal action. The salesperson should first review the agreement and verify the relevant information, to accurately advise the seller or buyer as required. The salesperson should first arrange for compensation and reimburse the buyer or seller for any loss they may have The salesperson should inform their client that since the transaction has closed, they are no longer obligated to provide further services to them. incurred.Which of the following is true? Select one: a) The seller or the supplier shall perform his/her deeds within the promised period, as of the moment the consumer's order is received. In any case, the period shall not exceed thirty days in the sale of goods. The contract is deemed to be automatically cancelled if the seller does not perform his/her deeds within such period. b) You have a right to withdraw form the contract (and send back the goods) in 7 days without stating any reason and without having to pay anything (including price and any type of claim for withdrawing the contract). c) A contract concluded by parties on internet is specified as a distance contract. d) Electronic commerce law only deals with sales contracts concluded in internet.Business law-
- In marketing law, the sale of goods as a contract whereby the Seller transfers or agrees to transfer the property in goods to the Buyer for a Consideration called Price consisting wholly or partly of money. DiscussBuyer Javier makes a formal offer to Seller Joy: $250,000 and the appliances stay. Joy counters: $250,000, no appliances. Joy then reconsiders and accepts the first offer. Is Javier is obligated to buy the home? Why or why not? Yes, because Javier never formally withdrew the offer. No, because once Javier's offer is countered, it is considered rejected and is dead. Yes, because Joy's counter was for the same amount of money as Javier's initial offer. No. because a buyer can withdraw from a contract for any reason without penalty.Can Mr. Rendon refuse to pay the professional services of Ms. LCB on the ground that it is stipulated in their contract that Ms. LCB has to undervalue the shipment in order to ensure that the duties and taxes will not exceed his allocated budget?
- A buys a residential property from B. the property is being leased to C. in terms of the lease agreement, C (the lessee)m has a right to purchase the property (an option) from B (the original lessor). C wants to excercise his option to purchase against A. Can C excercise his option to purchase against A?Dylan negotiates with a buyer for a Seven Eleven store to sell a one-year supply of syrups for use in its Slurpee machine, with a big discount if the buyer will take and pay for the entire quantity in the first month, assuring the buyer that the syrups have an 18-month shelf life before they would become unusable. It turns out that they have a 6-month shelf life and then go bad. The buyer should prevail on a damages claim for misrepresentation. True OR FalseMary, a keen pottery collector, saw a notice for an auction at James Pottery Limited on September 30th 2017 in the Daily News. She traveled 300 kilometers to attend the auction in order to bid for a particularly rare item of Mozart pottery, specifically mentioned in the list of items to be auctioned. However, when she got to the auction site she found a notice outside, stating that the auction had been canceled. Mary went into a nearby antique shop and saw an item of the same type of pottery she had come to bid for, which the price ticket stated $5000. Mary indicated to the shop owner, Anthony, that she was only willing to pay $4,000 for it. However, Anthony said he would sell it for $4,500. Mary then indicated to him that she would like time to think about it over lunch; Anthony thereafter, agreed not to sell it before Mary returned. However, when Mary returned to buy the pottery, she found that Anthony had already sold it to someone else, who had paid $4500 for it. In the context…
