Baylor obtains a loan from City Bank at 4.5 percent interest. Their state’s usury statute limits interest rates to a 3.5 percent maximum. Baylor’s contract with the bank is enforceable only if
a. ?the bank does not attempt to disaffirm it.
b. ?both Baylor and the bank knew of the state limit.
c. ?none of the choices.
d. ?Baylor does not attempt to disaffirm it
Answer: c. ?none of the choices.
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The Level 0 data flow diagram for the integrated production process includes all of the following process bubbles except:
a. design product and production processes b. generate master distribution schedule c. determine needs for materials d. record manufacturing events
A reputation for efficient writing will encourage readers to read your documents
Indicate whether the statement is true or false.
Classifying is entering financial information about events into the accounting system
Indicate whether the statement is true or false
Nicholas Sharp and Barry and Rhonda Downey own adjacent tracts of land in Howard County, Maryland. Their two adjacent lots were a single tract of land owned by Jack Ryan, Inc, the corporate alter ego of John E. Ryan. On February 20, 1996, Ryan divided the tract by deed, creating Lot 1 and Lot 2. Ryan then conveyed Lot 1 to Pamela Jekel. On the same date as the conveyance of Lot 1, Ryan and Jekel
executed an easement instrument which gave Ryan access to his Lot 2 over the existing Jeep trail located on Lot 1. Jack Ryan ended up married to Pamela Jekel and conveyed his lot to Nicholas Sharp. Pamela Jekel Ryan conveyed her lot to Barry and Rhonda Downey. ?The easement was originally a Jeep trail and was described as such in the original Ryan and Jekel documents. When Nicholas Sharp acquired the lot from Jack Ryan, he began constructing a driveway where the Jeep trail was located. The Downeys objected to the expansion of the easement. A) Sharp does not have the right to alter the easement because he does not own the easement. B) Only the servient tenement can make changes in the easement. C) Only the dominant tenement can make changes in the easement. D) None of the above