Sam orally agreed to sell his house to Humphrey. Humphrey wanted it ready for his family quickly, so after he paid Sam a 5% deposit, he had a new roof put on, new carpeting installed, and he renovated the kitchen. Sam now thinks the place looks great and has decided not to sell. A business law student told him he could back out of the oral agreement. Can he? Explain
In general, the statute of frauds would require a promise to convey land to be written. However, courts in many states will enforce this sale under the part performance exception if the transferee, Humphrey, has paid at least part of the purchase price and has either taken possession of the real estate or has started to make valuable improvements on the land
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Beatriz and James are married and own real property under a tenancy by the entirety. This means that ________.
A. they are tenants in common with the added requirement of marriage B. upon the death of either, the property passes automatically to the surviving spouse C. the tenancy cannot be severed even in case of a divorce D. either spouse can transfer property by will if the other is still living
Another term for self-determination theory is ______.
A. social learning theory B. cognitive evaluation theory C. expectancy theory D. reinforcement theory
Discuss the social, ethical, and environmental issues that affect suppliers. Provide three examples of suppliers that are currently raising concerns for their lead firms.
What will be an ideal response?
Daily highs in Sacramento for the past week (from least to most recent) were: 95, 102, 101, 96, 95, 90 and 92
Develop a forecast for today using a weighted moving average, with a weights of .6, .3, and .1, where the highest weights are applied to the most recent data. What will be an ideal response?