?Same facts as Question 5.
A. ?Erin is a donee beneficiary; Ace is a creditor beneficiary; Benton is an incidental beneficiary; and Alice is a donee beneficiary.
B. ?Erin is a donee beneficiary; Ace is a donee beneficiary; Benton is an incidental beneficiary; and Alice is a creditor beneficiary.
C. ?Erin is an incidental beneficiary; Ace is a donee beneficiary; Benton is an incidental beneficiary; and Alice is a donee beneficiary.
D. ?Erin is a creditor beneficiary; Ace is a creditor beneficiary; Benton is an incidental beneficiary; and Alice is a creditor beneficiary.
Answer: A
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A life estate is the right of a person, called the life tenant, to use the property until ______________.
Fill in the blank(s) with the appropriate word(s).
The Initials CSR stand for:
a. Court Stenographer and Reporter b. Commissioned Stenographer and Reporter c. Certified Shorthand Reporter d. Certified Stenographer and Reporter
?Southern Steel Company contracted to sell steel pipe to the Brighton Drilling Company. The pipe was to be delivered FOB Fargo, North Dakota, on May 1st. On April 1st, Southern sent a special delivery letter to Brighton stating that Southern had decided not to produce the type of steel pipe that Brighton had ordered.
A. ?Under UCC § 2-609, Brighton must in writing demand adequate assurance of due performance before doing anything else. B. ?Under UCC § 2-610, Brighton could allege that Southern's notice was a breach by anticipatory repudiation. C. ?Under UCC § 2-711, Brighton must wait until the time for performance has passed before seeking cover. D. ?Under UCC § 2-711, Brighton must wait until the time for performance has passed before seeking monetary damages for Southern's breach.
A(n) ____ account is a bank or escrow account in which one party holds funds belonging to another party; it is a bank account into which funds advanced to a law firm by a client are deposited.
A. expense B. client C. law firm savings D. trust