Using the property from the last question (77 Dolphin Crescent), complete the below front page of the Contract of Sale to meet legislative requirements. Make up any information not provided.
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Q: Questions 16 and 17, please
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Q: Read and analyze the following situation: Pedro Pérez visits the ABCD car dealership to purchase…
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Q: Which one (1) of the following is the "lessor" of a building? OA) It is the owner who rents to a…
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A:
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Using the property from the last question (77 Dolphin Crescent), complete the below front page of the Contract of Sale to meet legislative requirements. Make up any information not provided.
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- Compare an easement appurtenant and an easement in gross. Identify the choice that lists a correct, unique characteristic. An easement in gross applies to both the land and the owner. An easement in gross involves at least three pieces of property. An easement appurtenant applies to the land regardless of the owner. An easement appurtenant involves at least three pieces of property.The City of Dover needs land owned by the Smith family to expand Route 13/North DuPont Highway. The Smith family does not want to sell. Discuss what course of action the city can take and the legal and constitutional basis for this action. What, if anything, can the Smith family do in response?Last year Carol decided to open a gallery selling her artwork. She approached her sister Gemma and her friend Molly, as she knew that they were both interested in purchasing paintings for their business premises. Gemma ordered 2 paintings for her café at a total cost of £800. Molly ordered 5 paintings for her new office, which she wanted to look impressive when welcoming new clients, at a total cost of £1,000. Several months passed while Carol worked on the paintings. The final painting for Molly took slightly longer than expected, it was eventually delivered one month later than the initial date agreed. This was partly due to Carol being busier than expected, as Carol’s gallery became well-known and financially successful very quickly. Molly and Gemma, although delighted with their paintings, feel Carol ‘doesn’t really need the money’ and are now reluctant to pay for the paintings. Question Which of the following statements regarding the agreement between Carol and Gemma is correct?…
- Ben London owns and operates Fantastic Footage, a film-editing company in Los Angeles that does contract work mostly for production companies in Hollywood. Not long ago, a local landscaping business completed nearly $8,500 worth of work around London's offices. While the initial bid seemed a little high for the amount of work that was actually done, there is no question that the work completed was of high quality, and London finally feels comfortable inviting potential clients to meet him at his office to discuss possible deals. However, because of an apparent oversight, the landscaping contractor never submitted a bill. It's been more than 15 months since the completion of the project, and London has come to conclude that the contractor somehow lost track of the project. He is thinking about calling the company to ask for a final invoice so that he can settle up, but business has been really slow over the last year or so, and it hasn't been easy to pay all of the bills as it is.…Explain why the first question a person should ask when getting ready to analyze a contract problem is, “is this alleged contract a contract for the sale of a good?”3. Main Street Cinema is a single-screen movie theater in a residential area. Main Street Cinema is a licensed exhibitor of Mega Pictures Distribution Company, meaning that it receives all its movies from and pays all rental fees to this larger corporation, as per the license agreement. Otherwise, Main Street Cinema is a small business that spends a considerable amount of money each year purchasing a wide variety of products from suppliers. Last year's spend analysis revealed the following: (Noteshaper Scenario #16) Purchasing Categories Daily Janitorial Services Upholstery and carpet cleaning Soft drinks Popcorn and Candy Toilet Paper & liquid soap (bathroom) Annual Expenditure $83,000 $28,000 $25,000 $33,000 $750
- Classique Designs sells a variety of merchandise, including school shoes for girls. The business began the last quarter of 2013 with 30 pairs of the “Aerosoles” brand at a total cost of $54,000. The following transactions, relating to the “Aerosoles” brand were completed during the quarter: October 3 Purchased 45 pairs of shoes at a cost of $1,900 each. October 15 Sold 55 pairs to Casually Elegant Ltd at a unit price of $2,780 October 26 Purchased 70 pairs at a cost of $2,400 each but these were subject to a trade discount of 5%. November 10 Sold 60 pairs to Best City Store which yielded total sales revenue of $192,000. November 14 Owing to an increased demand for this brand, the manager of Classique purchased 80 additional pairs of the “Aerosole” brand at a unit cost of $2,500, but additionally there was freight charge of $100 on each pair. November 24 Sold 60 pairs of shoes to Big Buy Company at a price of $3,600 each. November 30 A physical…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 $1,200What are assignments of contracts and what rights and obligations do they confer?
- Skip and Jack are the shareholders of the Blue Fish Event Corporation. Skip and Jack regularly put on classy events on or near the beach, so they have a special insurance policy to protect their assets. Business has been slow as fewer large beach weddings are taking place, so Skip and Jack use a large fan to blow down and damage most of their décor assets, some of which were personal assets of Skip and Jack, to collect the insurance benefits. (a) Assuming their acts are proven, will a court allow Skip and Jack to recover the insurance money? (b) Is this a situation where the corporate veil may be pierced? Why or why not? (c) What would it mean for Skip and Jack if the corporate veil is pierced in this situation?Read the case of Lambert v. Barron. What are the most important facts that support Lambert’s position that a contract existed? What are the most important facts that support Barron’s position that a contract did not exist? Do you agree with the outcome of the case? https://caselaw.findlaw.com/la-court-of-appeal/1241354.htmlIdentify FOUR (4) ways to terminate a contract, esplain it briefly and include examples