When a deed description is invalid:
A) Courts allow parol evidence to clear up the issue.?
B) Courts correct the description themselves

C) Courts do to allow parol evidence to clear up ambiguous descriptions.?
D) Parol evidence is allowed as long as the parties agree to allow it.


C

Business

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In recent years, the largest amount of foreign-exchange trading has involved

a. foreign-exchange swaps and spot transactions. b. spot transactions and forward transactions. c. forward transactions and foreign-exchange swaps. d. foreign-exchange options and spot transactions.

Business

Which sentence is correctly punctuated?

A) Carly planned to update her résumé, and to complete the online application. B) Carly planned to update her résumé and, to complete the online application. C) Carly planned to update her résumé and to complete the online application.

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Under a contract with Bucolic Farms, Agro Excavation, Inc, begins digging an agricultural pond. In mid-project, Agro asks for $15,000 over the contract price, claiming an increase in the "cost of doing business.". Bucolic agrees but later refuses to pay. Their agreement is

a. unenforceable because Agro's performance was a preexisting duty. b. unenforceable because Bucolic's promise was illusory. c. enforceable. d. unenforceable because its performance is unforeseeably difficult.

Business

Assume a five-year equal payment amortization schedule with an annual interest rate of 12% and annual payments. If the beginning principal is $8,000, then the first interest payment will be how large?

A) $960.00 B) $1,200.00 C) $2,219.28 D) There is not enough information to answer this question.

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