Dillon decides to sell his DoubleDRanch in an auction withou

Dillon decides to sell his Double-D-Ranch in an auction \"without reserve.\" If Dillon changes his mind at the auction, he can withdraw his property from sake: Smith hires Firebug jones to burn down Smith\'s house. Smith then plans to collect on the insurance proceeds. Smith pays Jones half of jones fee in advance. Jones decides that he will not go ahead with their agreement and has already spent the money that smith gave him. Smith can The transfer of rights under a contract to a third party is called: A covenant not to compete that is ancillary (i.e., supplementary) to a legitimate sale of a business or to an employment contract is lawful if it is reasonable in which of the following aspects: Laurel, a 17-year-old minor, enters into a contract with jones, the adult owner of an electronics store, to buy a flat screen television for $1, 500 ($250 down and the remainder payable in $50 monthly installments). Which of the following statements is true? An contract that has been fully performed by all parties is said to be: Generally, an offer must contain which of the following terms in order for it to be considered definite?

Solution

13. Answer will be (c) under no circumstances he cannot change his mind because it is a auction without reserve so if once sold it cant be backed out.

14. Answer is (a) do nothing because the contract was not enforceable. He can’t sue him in court because he was conspiracy it to gain insurance money so suing him in court will backfire on him only.

15. Answer is (a) an assignment because the transfer of rights under a contract to a third party is done by an assignment.

17. Answer is (d) Jones can disaffirm the contract because he is minor and no law is imposable if laurel breach the contract.

18. Answer is (a) executed because a according to law a contract that has been fully performed by the parties is called executed.