Tom Clawson is buying a home from Deidre Davidson. Tom asked for a termite report prior to closing on the house but after the contract had been signed by both Tom and Deidre. Deidre contacted Ace Exterminators. Ace's representative found evidence of termite infestation and his report disclosed the infestation. Deidre then called Bugs-R-Us and asked for another termite inspection. Bugs-R-Us's
representative said there was not termite infestation and issued a clean report to Deidre, which Deidre then gave to Tom. Shortly after moving in, Tom noticed some suspicious tracks along the frame of the garage. Tom called the first name in the phone book, Ace Exterminators. Ace's representative arrived and said he did not need to do an inspection and furnished Tom with the report he had given to Deidre. Which of the following statements is correct?
A)?The termite report is a condition precedent to Tom and Deidre closing on the sale of the house.
B)?The termite report is a condition concurrent to Tom and Deidre closing on the sale of the house.
C)?The termite report is a violation of the Statute of Frauds and cannot be enforced as a condition.
D)?The termite report is not required in most states.
A
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Which of the following is a request to a higher court to overturn the verdict or order a retrial due to some legal defect in the trial proceedings?
a. An appeal b. A probable cause c. A deposition d. An interrogatory
An alternative under consideration involves incurring $50 in costs to generate $60 in revenue. The differential revenue for this alternative is $10.
Answer the following statement true (T) or false (F)
A critical element to performance measurement metrics is
A. customer input. B. employee training. C. production efficiency. D. employee input. E. CRM programs.
Tom makes pottery in his spare time. Jackie asks if he'd sell her a covered bowl. Later that day, he telephones her and says she can have it for $50 . She agrees, so he tells her he'll wrap it up for her and it will be ready in half an hour. Six days later, Jackie had not yet come for the bowl when a dog knocks the box off the shelf and breaks the bowl. Who is liable?
a. Tom, because Jackie had not yet received the bowl. b. Tom, because the bowl was in his possession when the dog broke it. c. Jackie, because she had identified the bowl. d. Jackie, because Tom had tendered the bowl to her nearly a week earlier.