Which of the following is not a requirement for a valid contract?
A. Mutual agreement
B. Signatures of the parties
C. Lawful purpose
D. Consideration
Answer: B
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XYZ is a yacht maker and has not sold a yacht under its mark SAILSHIP in three years (which is often typical in this industry). Would such nonuse of the mark be an abandonment of the mark? Discuss.?
What will be an ideal response?
If Jane wants to create a trust for the benefit of her children and grandchildren, but wants to protect the trust’s assets from the hands of all creditors, what type of trust might she create?
a. Irrevocable trust b. Spendthrift trust c. Testamentary trust d. Inter vivos trust
In most states, as a property right, the right of publicity cangenerally pass to one's heirs upon death.?
Answer the following statement true (T) or false (F)
The Four Unities required for joint tenancy with right of survivorship are:
a. Possession, interest, time, and title b. Ownership, tenancy, survivorship, and possession c. Interest, partition, entirety, and commonality d. Possession, interest, time, and survivorship