Jan promises Eli $4,000 for one of his original paintings on the condition that she receives $1 million from her mother's will. Jan's promise:
a. is illusory.
b. is legally sufficient unless Jan knows she cannot inherit the $1 million.
c. is a conditional promise, which is not sufficient to form consideration.
d. is legally inadequate, and the courts will therefore not enforce it.
b
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The following are pairs of transformation types with examples of the transformation. Which of these is correctly paired?
a. Physical transformation, as in teaching and communication b. Locational transformation, as in banking and retail operations c. Psychological transformation, as in entertainment d. Informational transformation, as in transportation and warehouse operations
If a law firm requires a new client to deposit funds to offset fees and costs, that firm is asking for a(n):
A) certificate. B) resume. C) retainer. D) IOLTA report.
A clothing manufacturer has decided to buy its cotton only from those growers that grow it organically. This is an example of
A. product greening. B. strategic greening. C. quasi-strategic greening. D. global greening. E. tactical greening.
An indorsement must be written on the instrument itself
a. True b. False Indicate whether the statement is true or false