QUESTION 9 Manny leased property from the county of Passaic

QUESTION 9 Manny leased property from the county of Passaic and erected a prefabricated diner upon the land to run his business, Manny\'s Diner. After several years of running the business, the business began to lose money and Manny eventually defaulted on the lease payments. The County of Passaic reclaimed the property and in so doing claimed that they also acquired title to the diner. Manny asserted that he was the owner of the diner and attempted to safely remove t ftrom the property to relocate. Since the diner is now attached to the land, it is considered real property and now belongs to the County of Passaic. True or False O True O False QUESTION 10 A contract between Harry Homeowner and Howie\'s Hotwater Heaters details the sale of a Hotwater heater for $3,500. When Howie\'s delvers the hotwater heater to Harry. no one is home so the hotwater heater is left leaning against the garage. Harry comes home late that night and doesn\'t see the hotwater heater. Later that night and into the morning the hotwater heater is badly damaged in a massive ice storm. Since Howie\'s delivered the hotwater heater to Harry, the risk of loss passed to Harry and Howie\'s is not responsible for the damage to the hotwater heater. True or False OTrue O False QUESTION 11 Which of the following requires consideration to be binding on the parties? Oa- Material modification of a contract for the sale of real estate o b: Ratfication of a contract by a person after reaching the age of majority 0 c. A written promise signed by a merchant to keep an offer to sell goods open for 10 days o d. Material modification for the sale of a goods contract under the UCC

Solution

Q9.

Answer- TRUE

because manny has taken land for lease which is a real property and he built a Building called Diner whereas buildings are also real property. The second thing it will again be owned by Country of Passaic as the tenant was not able to pay the lease amount so the country of Passaic will compensate from manny buy owning their property back.

Q10.

Answer:- True

this answer is true because harry has delivered the goods to the buyer and only then buyer can claim or cancel when the goods are either not delivered or when just handed over there and then whereas the hotwater was delivered and was destroyed by the natural calamity for which this will not be Howie\'s fault .

Q11.

Anwers -\"C\"

consideration needs value of something exchanged with services,money,promises or etc of some act or product.Hence the promise made in option C needs consideration as it is also a written promise to claim.