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Author Archives: Anonymous

Which one of the following IS NOT a branch of the federal go…

Which one of the following IS NOT a branch of the federal government?

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Marcy posted her 5 carat diamond ring for sale on E-Bay. She…

Marcy posted her 5 carat diamond ring for sale on E-Bay. She stated that she would sell the ring for $15,000 and would accept either cash, MasterCard and Visa. Carter wanted the ring and agreed to pay the $15,000 price with his American Express Card. Marcy and Carter have a

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Which one of the following is NOT a characteristic of an Ill…

Which one of the following is NOT a characteristic of an Illegal Agreement.

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When goods are sold subject to the buyer’s approval ‘Sale on…

When goods are sold subject to the buyer’s approval ‘Sale on Approval,’ who retains title to the goods?

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A contract which is based on an illegal agreement is enforce…

A contract which is based on an illegal agreement is enforceable and valid if the parties to the contract were over 21 years at the time they entered into the contract and there was no coercion or duress.

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Consideration, as used in a contract, ALWAYS consists of the…

Consideration, as used in a contract, ALWAYS consists of the exchange of currency for goods.

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Which of the following IS NOT a division of government

Which of the following IS NOT a division of government

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Connie sold her funeral home to Dennis for $500,000. Part of…

Connie sold her funeral home to Dennis for $500,000. Part of the sales agreement provided that Connie would not work in the funeral business for 5 years. This part of the sales agreement is called?

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Todd was short of money and really desperate to get his hand…

Todd was short of money and really desperate to get his hands on money. Bernice gave him a check in the amount of $10. Because of his circumstances Todd changed the amount of the check to $100. Todd is guilty of what crime?

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What type of auction is involved when goods are sold to the…

What type of auction is involved when goods are sold to the highest bidder and NOT withdrawn?

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