A life estate can be sold to another
Indicate whether the statement is true or false
TRUE
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Which of the following is a "Big Five" personality trait?
A. cognitive ability B. extroversion C. aptitude D. physical ability E. honesty
It is not wise to ask for feedback
Indicate whether the statement is true or false
Which of the following statements is FALSE? Standard form contracts
A) are necessary for the business world to function B) are usually only used if the contract is between two companies C) often include a disclaimer clause D) are usually written to favour the party that wrote the contract E) often result in one party signing it without reading all the terms
Wayne agrees over the phone to sell L.J. Cartwright 1,000 yards of 1-inch diameter rope. Wayne honestly believes that L.J. Cartwright offered to pay $1.00 per yard whereas L.J.Cartwright actually offered to pay 75 cents per yard. If the parties subsequently take their dispute to court, the fact that L.J.Cartwright admits on the stand that he offered to pay Wayne 75 cents per yard will:
a. prevent L.J.Cartwright from using the statute of frauds to nullify the contract. b. create an unconscionable contract. c. make it possible for Wayne to enforce the contract to sell 1,000 yards of rope at a price of 75 cents per yard. d. Both a and c are correct.