?"I promise to sell you Blackacre for your promise to pay me $500,000, and I promise not to revoke this offer for 90 days" is:
A. ?an offer
B. ?an offer that lapses in 90 days
C. ?an offer with an option contract
D. ?an offer that cannot be revoked for 90 days
Answer: B
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?An assignee takes the assigned right free from any defense that the obligor could have raised against the assignor-obligee at the time of the assignment.
Answer the following statement true (T) or false (F)
FOIA refers to:
A) Federation of International Associations B) Freedom of Information Act C) Federal Operations Initiative Act D) None of the above
An agreement between counsel as to certain facts or matters that will not be argued is called a (an):
a. prima facie case b. stipulation c. oral agreement d. demurrer
When the federal and state governments share the same power they are said to have:
a. communal jurisdiction b. common jurisdiction c. combined jurisdiction d. concurrent jurisdiction