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promulgated forms - champions school Questions with Detailed Verified Answers 100% Correct Answers Already Graded A+

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promulgated forms - champions school Questions with Detailed Verified Answers 100% Correct Answers Already Graded A+ promulgated forms - champions school Questions with Detailed Verified Answers 100% Correct Answers Already Graded A+

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promulgated forms - champions school Questions
with Detailed Verified Answers 100% Correct
Answers Already Graded A+



Quiz: Competent Parties

Offer and acceptance ( mutual consent)

Legal Purpose

In writing (when required by law)

Consideration Ans: Elements of a contract to be valid



Quiz: contract binding parties with one or more duties Ans: executory
contract



Quiz: both parties made promise Ans: bilateral



Quiz: one party made promise Ans: unilateral



Quiz: agreement between buyer and seller or tenant and landlord (right of
first refusal - tenant and landlord) Ans: option



Quiz: CHANGES to the contract Ans: amendment



Quiz: ADDITIONS to the contract Ans: addendum


© 2025 Get it right Stuvia US All rights reserved

, Quiz: transfers rights Ans: assignment



Quiz: new contract substituted for an existing one Ans: novation



Quiz: 2 years oral

4 years verbal Ans: statue of limitations



Quiz: always to protect consumer (all of the above) Ans: law rules/
regulation



Quiz: 9 members

protect consumers

unlawful practice of law

license holder is not qualified to craft provisions Ans: TRELA



Quiz: 1. one to four

2. new home - incomplete

3. new home - complete

4. unimproved property

5. residential condominium contract

6. farm and ranch Ans: TREC 6 promulgated forms




© 2025 Get it right Stuvia US All rights reserved

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