Tanya contracts with Suite Condos Corporation to buy a unit in Suite's Bayview Tower at a premium for its view of River Bay. Unforeseeably, the town of River Bay changes its zoning law. Resort Hotels, Inc., constructs River Bay Resort, blocking what would have been Tanya's view. Tanya's best argument for a change in the Suite contract or its price is
A. frustration of purpose.
B. objective impossibility of performance.
C. anticipatory repudiation.
D. commercial impracticability.
Answer: A
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The business casual dress code ________
A) is considered appropriate for all interviewing situations B) involves three-piece suits for men and dresses for women C) is typically used in those companies that work in the field of financial or legal management D) includes options for men like jeans and t-shirts E) includes options for women like slacks, skirts, dresses, blouses and sweaters
Which of the following is true of dual agency?
A) An undisclosed dual agent is allowed to retain compensations of the transaction provided he or she discontinues the dual agency. B) Examples of dual agents are finders and middlemen. C) Dual agency is permitted if all parties in the transaction agree to it. D) Dual agency is permitted as long as the interests of both principals are similar.
In order to determine the validity of its tests, BluTech tests applicants and then obtains criterion data after they have been hired and on the job for some indefinite period. BluTech is validating its tests through concurrent validity.
Answer the following statement true (T) or false (F)
Suppose Ernie says to Eddie at Wal-Smart, "If I decide to buy a word processor next year, I will buy it from you." This would be an example of:
a. an illusory promise. b. past consideration. c. the pre-existing duty rule. d. good consideration.