True/False An fully express contract is one in which the term are fully stated.
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True/False
An fully express contract is one in which the term are fully stated.

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- A contract may be discharged by several ways. Discuss the ways and give your view on each of the way of discharge.This is the "meeting of the minds" required for a valid contract. It can be destroyed by fraud, misrepresentation, mistake, duress, or undue influence. consideration capacity to contract genuine agreement offer and acceptanceWhat are the main elements of a valid contract and how do they contribute to the enforceability of a contract under business law?
- Listing Agent Pete is willing to help sell Seller Cami's condo but believes it will take a lot of work. Because of this, Pete wants to make sure that his efforts result in a well-earned commission. Given his stated desire, predict which type of listing agreement Pete will insist on entering into with Cami. exclusive right-of-sale listing open listing exclusive-agency listing net listingIn the following quote: "The BFOQ standard adopted in the statute is one of“ reasonable necessity, ”not reasonableness." What is the distinction between "reasonable necessity" and "reasonableness?"Describe the primary methods for discharging a contract.
- The four agree to a formula under which they will price the shares pursuant to granting each other the right to buy the shares of an owner who decides to sell. This is an example of what kind of restriction on transfer? Multiple Choice Provision disqualifying purchasers Put agreement Consent constraint Buy-and-sell Option agreementYou are a broker. Your sales associate is new and can't remember the key differences between lien types. You remind them: Liens can be voluntary or involuntary. Voluntary liens are created with the owner's consent. A lien can only apply to one piece of property a debtor owns Because of this, liens are always specific. Legally, liens cannot be involuntary. They must be created with the owner's consent and if they're not, they're illegal All liens affect all of the debtor's property. That's why they're also called general liens.Building and personal property coverage form Can cover which of the following expenses Except automobile held for sale Building additions Improvement and betterment Property of others
- Which of the following represents the MOST accurate contractual definition of "consideration"? something valuable that each party exchanges in order to demonstrate that they agree to the contract's terms earnest money something that both parties to the contract perceive as valuable something perceived as valuable by at least one party to the contractDescribe Express and implied contracts. What does it mean when a contract is called void and voidable?In many states, including New York, an operating agreement is required for a limited liability company to exist. True False