If someone wants to buy a home, but does not immediately know whether financing can be arranged, the person may offer the seller a sum of money to take the home off the market temporarily to other prospective buyers, so that bank financing may be sought. If the seller accepts the money, a(n) ___ has been created.
a. consideration
b. forbearance
c. option contract
d. promissory estoppel
Answer: c. option contract
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A lawyer's duty to supervise nonlawyer assistants applies to lawyers in which settings??
A. ?Private law firms B. ?Corporate legal departments C. ?Government agencies D. ?All of these choices are correct.
What are the major differences between criminal law and civil law?
What will be an ideal response?
a. equal dignities rule b. merger clause c. parol evidence rule d. surety e. executor f. material terms g. integrated contract h. Statute of Frauds i. partially integrated contract j. strict construction Representative of an estate.
Fill in the blank(s) with the appropriate word(s).
Administrative rules and regulations are printed in:
A) Federal Register B) Bill of Rights C) U.S. Code D) Statutes at Large