Jennifer indicates that she is acting as an agent on behalf of an unidentified client when she enters into a contract for the sale of rare works of art with Beth. This arrangement is best described as O afully discdosed agency O an undisclosed agency Oa non existent agency O a partially disclosed agency
Q: Substantially true statements made by an applicant on an Accident and can application are known as…
A: The question is asking for the term used to describe the substantially true statements that an…
Q: Gary contracts with Dan to buy Dan a new car manufactured by General Motors Corporation (GMC). GMC…
A: Answer : Correct answer is (a) - an intended beneficiary. Gary contracts with Dan to buy Dan a new…
Q: Robert applies to Northern National Bank for a loan. Prior to granting the loan, Northern requests…
A: A) Person R applies for a loan from Bank N. The bank acquired a credit report for R and created on…
Q: Which of the following premortem actions can increase the liquidity of a decedent's estate? Making…
A: Answer :- Correct answer is Option - D) III. Urging a client to keep written current records of…
Q: John works as an engineer for a technological company, and Maria works as a sales executive for a…
A: For financial experts to preserve their credibility and reliability, the criterion of independence…
Q: 2. When two or more policies cover the same loss, the right of the one insurer to call upon the…
A: Let us evaluate each option Q: When a loss is covered by two or more policies, then right of one…
Q: After the untimely death of his partner Anthony Autumn, Scott Schroder continued his San Francisco…
A: Agency business is a type of commercial activity in which one entity, referred to as the agent,…
Q: Write an email to Judith's parents declining an offer of a gift.
A: The objective of this question is to write a polite and respectful email to Judith's parents…
Q: Al, the owner of Fitness Corp., a manufacturer of gym equipment, calls Bob, the owner of Bob's Gym.…
A: The contract law provides all contracting parties the right to terminate a contract if there has…
Q: By holding a knife to his back, Ed compelled Sean to sign a contract advantageous to Ed. This…
A: Contract is defined as a legal agreement between one or more parties. These contracts will be…
Q: 31. Misrepresentation by a person of a material fact, known by that person to be untrue is: a.…
A: Note: “Since you have asked multiple questions, we will solve the first question for you. If you…
Q: Directors may leave the service of a board in several ways, Describe the main ways in which the…
A: There are different organizations and industries that are active these days. There are different…
Q: 5 Matthew and Joe were roommates. When they were renting their apartment, each agreed to pay half…
A: Contract law is a legal area that deals with the formation, interpretation, and enforcement of…
Q: Contract for a piece of work is covered under Statute of Frauds. a. True b. False c. Partly…
A: When considering the business operations of the organizations in the market place it is subjected to…
Q: RJ Booker, a real estate firm based in Milsons Point, Sydney, emailed Mimi. Mimi had a friend…
A: Mimi was not lawfully right for what she did by Gustavo & for not compensable any commission sum…
Q: Give three (3) examples of implied revocation of an agency. Discuss each example thoroughly
A: Implied revocation of an agency refers to the termination or cancellation of an agency relationship…
Q: When an insurer pays a claim to its insured under a contract of insurance and attempts to recover…
A: Insurance is also a type of contract or agreement in which the insurer agrees to compensate or pay…
Q: Bob, an engineer, is a new employee at Airbag Industries, which specializes in manufacturing…
A: Airbag Industries' intellectual property, including trade secrets, patents, and non-compete…
Q: Is there provision for payment of interest on delayed gratuity and what penalties exist for…
A: The Gratuity Act, officially known as the Payment of Gratuity Act, 1972, is a social security…
Q: Giordana borrows $225,000 for Hearthstone Credit Union to buy a home, which secures the loan. Five…
A: In this given scenario, Hearthstone Credit Union provided Giordana with a loan of $225,000 to…
Q: Pls help ASAP
A: An insurer, often known as an insurance firm or carrier, is a financial entity or organization that…
Q: Give typing answer with explanation and conclusion In Pierce v. Ortho Pharmaceutical, the N.J.…
A: "The solution has been provided in a generalized Manner." Pierce v. Ortho Pharmaceutical is a…
Q: An intoxicated person who enters into a contract without appreciating the rights and duties which…
A: Contract defines a mutual agreement which states about a promise which both parties have agreed to…
Q: pls help asap
A: In situations where misconduct involving trust funds is suspected within the context of the…
Q: Sue Flay's Cakery promises to pay Oscar Ruitt not to park in a city-designated no-parking zone in…
A: In the given scenario, Sue Flay's Cakery offers to pay Oscar Ruitt not to park in a city-designated…
Q: 1. Marriage contracts, under the Statute of Frauds, requires the parties to get married. a) True…
A: The Answer is FALSE ( Under Statue of Frauds , it should be in writing than only contract will…
Q: Apollina, a successful model and actress, hires Isaac, an experienced Hollywood agent, to negotiate…
A: In this legal scenario, we are presented with Apollina, a successful model and actress who has hired…
Q: Nolan agreed orally with Train to sell Train a house for $100,000. Train sent Nolan a signed…
A: The Statute of Frauds is a legal doctrine that requires certain types of contracts to be in writing…
Q: Bryson is the owner of a deferred annuity. His son, Calvin, is the annuitant, and his daughter,…
A: In a deferred annuity, distinct roles are assigned to the owner, the annuitant, and the beneficiary,…
Q: How can a lender create constructive notice that they are beginning the process of a judicial…
A: The objective of the question is to understand how a lender can create a constructive notice to…
Q: Bob, an engineer, is a new employee at Airbag Industries, which specializes in manufacturing…
A: Intellectual property (IP) refers to creations of the human mind. These creations are intangible,…
Q: . Outline the necessary information to determine signature liability. 10. What is the…
A: In accordance with our Q&A policies, since you posted a question with many subparts, we will…
Q: Explore the fundamental entitlements granted to a bailor within the context of a bailment agreement.
A: The term "bailment" refers to the voluntary delivery of the merchandise. Furthermore, this type of…
Q: . Spouses Robert and Yollie wanted to sell their house. They found a prospective buyer, Nina, Yollie…
A: Contract for the sale refers to the type of contract which governs a transaction related to the sale…
Q: under the NCC, what are the different acts or omissions of the obligor or debtor which will result…
A: Usually, rules about borrowing money from banks and other financial actions are decided by laws made…
Q: It is assumed that a drawer or maker will recognize his or her own signature and that a maker or an…
A: When it comes to accepting financial instruments, such as checks or promissory notes, there are…
Q: A man named Bob Smith believes that he is Santa Claus (who delivers presents to all the children…
A: The state of Bob Smith proposes that he is weakened because of his belief that he is Santa Claus. It…
Q: Identify and state the relevant facts in the case: [*1058] In addition, the Agreement authorizes…
A: The above case is about a data breach that happened in 2012 and is the subject of a legal dispute…
Q: Bob, an engineer, is a new employee at Airbag Industries, which specializes in manufacturing…
A: A customized legal agreement between an employer and an employee that carefully links together each…
Q: (3) The rights of minor in the firm is..... a) Not Access to and inspect and copy any of the…
A: Contract is a legally binding agreement which can be entered between two parties in an arms length…
Q: John works as an engineer for a technological company, and Maria works as a sales executive for a…
A: The case of John and Maria raises important ethical questions about conflict of interest in…
Q: On a very busy night at Good Eats Restaurant, without the authorization of Good Eats Restaurant,…
A: Restaurant owners are accountable for maintaining properties that are secure for customers who dine…
Q: 1. Roy asked Mark if he can use his phone for a week. If Roy agreed and allowed Mark to use his…
A: "Since you have asked multiple questions to be solved then we will solve the first question for you.…
Q: Please provide reaction on discussion below if you agree or disagree: William refrained from…
A: This discussion analyzes the legal principles of consideration, with a particular emphasis on the…
Q: The RIB Act grants the Discipline Committee power to impose penalties on members found guilty of…
A: Misconduct refers to behavior that violates established norms, rules, or ethical standards, often…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Undue Influence. Juan is an elderly man who liveswith his nephew, Samuel. Juan is totally dependent on Samuel’s support. Samuel tells Juan that unless he transfers a tractof land he owns to Samuel for a price 35 percent below itsmarket value, Samuel will no longer support and take care ofhim. Juan enters into the contract. Discuss fully whether Juancan set aside this contract. (See Voluntary Consent.)David Rampersad has refused to be vaccinated due to religious reasons and has been informed that as he is a Plant Operator, the only vacancy is in Finance which is unsuitable for him, Accordingly, his employment has been terminated. There is nothing in the contract of David that included a requirement of vaccination for any diseases whatsoever. Please advise David.Iggy hires Joy to act as his agent to purchase Kup-a-Koffee Kompany. Iggy tells Joy to reveal only that she is buying the firm on behalf of a third party, without telling Kup-a-Koffee's seller who that third party is. Iggy is a disclosed principal an implied principal an undisclosed principal a partially disclosed principal Next
- 1. Life Company processes information furnished by others to transfer title to real estate from a seller to a buyer. In performing this task for a sale of land from Eren to Armin, the furnished information is mistaken. The contract between Eren and Armin that includes the mistake may be rescinded if the mistake concerns a. a detail on which the parties had a true “meeting of the minds.” b. a fact that is important and central to the contract. c. a third party, such as County Title. d. a term in the contract subject to only one reasonable interpretation.Give typed full explanation Delany & Sons, Inc., owes Evermore Bank $50,000. Delany enters into a contract with Floyd under which Delany promises to manage and oversee Floyd’s Seaside Marina. Under the contract, Floyd promises to pay Evermore the amount that will be due Delany until his debt to Evermore is paid. Delany performs as promised, but Floyd does not pay the bank. Can Evermore succeed in a suit against Floyd? Why or why not?Which of the following represents an agency relationship? 1) Horace wants to sell his farm and hires Marcie as his realtor. The two agree that if Marcie finds a buyer for the farm at Horace's price, then Horace will pay Marcie 7% of the price he receives. 2) Bob dies and leaves his assets in a trust for his minor child, Lilly. In the trust, Bob appoints Reggie as the trustee to act for Lilly's benefit. Since Reggie has a fiduciary duty to Lilly as trustee, Reggie is Lilly's agent. 3) Lucy contracts to sell her car to Tony for $5,000. Tony purchases the car only to find it not in the condition that Lucy described it. Tony is claiming that Lucy violated her fiduciary duty to him as his agent under the agreement. 4) Hunt is an attorney of questionable ethics. Roger, one of Hunt's clients, is arrested for DUI, but appears to be too intoxicated to consent to a breath test. Hunt is contacted by…
- Cari enters a single-agency relationship with a listing broker, who owes her full disclosure and loyalty. The listing broker then finds Buyer Bonnie who wants that same broker to represent her in a transaction broker relationship, providing Bonnie with certain duties such as limited confidentiality. Can the broker represent Cari in a single-agency relationship AND represent Bonnie as a transaction broker in the same transaction? No, because offering Bonnie limited confidentiality would conflict with the full disclosure already owed to Cari. Yes, but only if the limited confidentiality owed to Bonnie is needed to fulfill Cari's objective of selling the property. Yes, as long as the broker tries to be fair to br + parties.Clay and Roan are negotiating the sale of Clay's car to Roan. Roan tells Clay he needs a little time to consider the last offer Clay made. A week later, Roan emails Clay, "I accept your offer." Clay and Roan a. have a valid contract because Clay did not specify the method of acceptance and accepting via email a week later is reasonable. b. do not have a valid contract because accepting a week later is an unreasonable lapse of time. c. do not have a valid contract because accepting via email is an unreasonable manner of acceptance. d. have a valid contract because they were in the middle of negotiations.Raquel is an agent for Occasion Photography, owned by Luke. Without disclosing her agency status, Raquel agrees by contract to take Ella's wedding photographs. When Luke finds out, he explains the agency relationship he has with Raquel to Ella and says that he wants to take the photographs because a lady he wants to ask out on a date is expected to be at the wedding. However, despite Luke's explanation, Ella still requests that Raquel take her wedding photographs. Which of the following is true regarding the rights of the parties? Multiple Choice Luke has a right to take the photographs.
- 1.Subject to the terms of the Deed of Trust, the Appointor of a trust can ordinarily nominate a replacement "Appointor " in their Will? True False 2.Which of the following structures would you recommend as a tool by which an individual after their death can ensure the continued care of a disabled family member, whilst ensuring it does not consequentially risk the continued entitled to pensions or other government entitlements? Testamentary trust Life interest Deed of Family Arrangement Family trust Superannuation fund 3. Subject to the terms of the Deed of Trust, an individual Trustee of a trust can ordinarily nominate a replacement "Trustee" in their Will? True or False?David hires Nell to auction off his grandmother's house and it's contents. Nell hires an auctioneer, rents a tent, advertises and does everything necessary to conduct a successful auction. When the auction is over, David refuses to pay for the auctioneer and advertisting expenses, claiming he never specifically authorized Nell to incur those expenses on his behalf. In her defense, Nell can claim that David gave her: 1) Apparent Authority. 2) Moral Authority. 3) Implied Authority. 4) Express Authority.Vinson had a severe gambling problem. Every night, he stayed awake to the early hours of the morning picking games and spreads and betting online or calling his bookie. Finally, Vinson's wife, Bethany, had enough of Vinson's gambling. Bethany entered into a written contract with Hyacinth, a gambling addiction therapist who agreed to treat Vinson twice a week for six months. The contract is signed in writing (by the contract parties. Bethany and Hyacinth; and, of course, also by the patient, Vinson). Vinson then begins his counseling. However, after two months. Bethany sees no improvement in Vinson's behavior. After all, her debit cards just got declined at the store, and when she confronted Vinson, he simply stated, "I lost $1,000 on the Miami Marlins last night." Bethany decides she is going to breach the contract, that is, to stop paying Hyacinth. What would a court most likely find, if Hyacinth sues Bethany to enforce the contract and make Bethany pay for the breach? O UCC Article 2…