Offer and Acceptance Study guides, Class notes & Summaries

1. The lease contract stated that the renters would bring in the security deposit within five days. It is now the sixth day and the renters have not brought in the money. This is legally referred to as: - Answer- Breach 2. In dealing with the public, a licensee: - Answer- may keep silent about a material fact concerning the property if the client is the owner. d) may negotiate different commissions with different owners. 3. Escrow monies: - Answer- could include security deposits as well a...

Georgia Adjuster Exam Questions and Answers Already Passed An insured's business is damaged because of a fire and he is forced to close business temporarily for repairs. As a result the insured lost income. What type of loss is this? Consequential also known as Indirect Loss The insured crashes into a porch and the person sitting on the porch. The person on the porch is injured. The insured's insurance policy has a limit set at $500,000. This amount applies to the total of damages for any bo...

CLA1501 Assignment 2 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. Answers, guidelines, workings and references...... Question 1 Not yet answered Marked out of 1.00 Question 2 Not yet answered Marked out of 1.00 QUIZ Before their marriage, Nkomi and Thabang concluded an antenuptial contract which they chose not to register. After fi veyears, Nkomi institutes divorce proceedings against Thabang, arguing that their marriage has broken down irretrievably dueto an assortment of reason...

Complete Test Bank for The Law and Business Administration in Canada, 15th Edition by J.E. Smyth, Dan Soberman, A J. Easson, Shelley McGill ; ISBN13: 9780136963547. (Full Chapters included Chapter 1 to 32)....1.Law, Society, and Business. 2.The Machinery of Justice. 3.Government Regulation of Business. 4.The Law of Torts. 5.Professional Liability The Legal Challenges. 6.Formation of a Contract Offer and Acceptance. 7.Formation of a Contract Consideration and Intention. 8.Formation of a Co...

This document contains workings, explanations and solutions to the SJD1501 Assignment 7 (QUALITY ANSWERS) Semester 1 2024. For assistance call or us on 0.6.8..8.1.2..0.9.3.4........ 1. In the case of H v W, Judge Nigel Willis had this to say "...The law has to take into account changing realities not only technologically but also socially or else it will lose credibility in the eyes of the people. without credibility, law loses legitimacy. If law lose legitimacy, it loses acceptance, If it l...

PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023 An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? a. mutual b. reciprocal c. nonprofit service organization d. stock - Correct answer-A. mutual funds not paid out after paying claims and other operating costs are re...

The Law and Business Administration in Canada, The Hardcover – Feb. 15 2019 by J. Smyth, Dan Soberman, A. Easson and Shelley McGill. ISBN 3039, 3. All Chapters 1-32 in 674 Pages. T EST BANK. TABLE OF CONTENTS Chapter 1 Law, Society, and Business Chapter 2 The Machinery of Justice Chapter 3 Government Regulation of Business Chapter 4 The Law of Torts Chapter 5 Professional Liability: The Legal Challenges Chapter 6 Formation of a Contract: Offer and Acceptance Chapter 7 Formation of a Contract: ...

Which of the following would create legally binding acceptance of a written offer? -The seller's agent emails the buyer's agent that the seller signed the offer as written. A broker is preparing a comparative market analysis (CMA) for a subject property with 3200 square feet. A comparable property has 2750 square feet. The estimated value of 450 additional square feet is $22,500. The broker should... -Add $22,500 to the sales price of the comparable property. An option to purchase has bee...

Legal Aspects of Electronic Commerce LML4810 Assessment 02/2023 for the Second Semester Unique no: Submission date: before Monday, 25 September 2023, 11:55 PM Assessment Question Discuss how the court dealt with the following issues in the case of Wildlife Jafta v Ezemvelo KZN [2008] 10 BLLR 954 (LC). Motivate your answers with reference to sources. (a) In order for Jafta to show that he had in fact accepted the offer of employment, the common law requirements for acceptance had to be met. L...

LAW OF CONTRACT NOTES: Contract as an agreement intended to create enforceable obligations A contract is an agreement between two or more parties. The extra ingredient that distinguishes contracts from non-binding agreements is a serious intention to create legally enforceable obligations (animus contrahendi). The absence of an animus contrahendi explains why ‘gentlemen’s agreements’ are not enforceable as contracts. Legally binding agreements that are not contracts: The ...