Exam 16: Third Party Rights
Exam 1: Introduction to Law and Legal Reasoning83 Questions
Exam 2: Courts and Alternative Dispute Resolution83 Questions
Exam 3: Court Procedures84 Questions
Exam 4: Constitutional Authority to Regulate Business84 Questions
Exam 15: The Statute of Fraudswriting Requirements84 Questions
Exam 5: Ethics and Business Decision Making84 Questions
Exam 6: Intentional Torts83 Questions
Exam 7: Negligence and Strict Liability84 Questions
Exam 8: Intellectual Property and Internet Law84 Questions
Exam 9: Criminal Law and Cyber Crimes84 Questions
Exam 10: Nature and Terminology84 Questions
Exam 11: Agreement83 Questions
Exam 12: Consideration84 Questions
Exam 13: Capacity and Legality84 Questions
Exam 14: Mistakes, Fraud, and Voluntary Consent84 Questions
Exam 16: Third Party Rights84 Questions
Exam 17: Performance and Discharge84 Questions
Exam 18: Breach of Contract and Remedies84 Questions
Exam 19: E-Contracts and E-Signatures84 Questions
Exam 20: The Formation of Sales and Lease Contracts84 Questions
Exam 21: Title, Risk, and Insurable Interest84 Questions
Exam 22: Performance Breach of Sales Lease Contracts84 Questions
Exam 23: Warranties and Product Liability84 Questions
Exam 24: The Function Creation of Negotiable Instruments84 Questions
Exam 25: Transferability and Holder in Due Course84 Questions
Exam 26: Liability, Defenses, and Discharge84 Questions
Exam 27: Checks, the Banking System, and E-Money84 Questions
Exam 28: Creditors Rights and Remedies84 Questions
Exam 29: Secured Transactions84 Questions
Exam 30: Bankruptcy Law83 Questions
Exam 31: Agency Formation and Duties84 Questions
Exam 32: Liability to Third Parties and Termination84 Questions
Exam 33: Employment and Labor Law84 Questions
Exam 34: Employment Discrimination84 Questions
Exam 35: Sole Proprietorships and Franchises84 Questions
Exam 36: Partnerships and Limited Liability Partnerships84 Questions
Exam 37: Limited Liability Companies Special Business Forms84 Questions
Exam 38: Corporationsformation and Financing84 Questions
Exam 40: Corporationsmerger, Consolidation, Termination84 Questions
Exam 41: Corporationssecurities Law Corporate Governance84 Questions
Exam 42: Law for Small Businesses84 Questions
Exam 43: Administrative Law84 Questions
Exam 44: Consumer Law84 Questions
Exam 45: Environmental Law84 Questions
Exam 46: Antitrust Law84 Questions
Exam 47: Personal Property and Bailments84 Questions
Exam 48: Real Property and Landlord-Tenant Relationships84 Questions
Exam 49: Insurance84 Questions
Exam 50: Wills and Trusts84 Questions
Exam 51: Professional Liaility and Accountability84 Questions
Exam 52: International Law in a Global Economy84 Questions
Exam 53: Legal and Ethical Issues in Business12 Questions
Exam 54: Legal Issues11 Questions
Exam 55: Contracts and Business Law14 Questions
Exam 56: Contracts and Liability6 Questions
Exam 57: Banking and Payment Systems8 Questions
Exam 58: Loan Security and Repossession in Credit Transactions4 Questions
Exam 59: Employment Law and Ethics8 Questions
Exam 60: Legal Issues in Corporate Governance and Business Operations10 Questions
Exam 61: Legal and Ethical Issues in Environmental Protection and Consumer Rights6 Questions
Exam 62: Legal Issues in Property and Land Use4 Questions
Exam 63: Accounting and Ethics6 Questions
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Riley and Sheila enter into a contract for the sale of Riley's condominium to Sheila. Sheila transfers her right to be recorded as the owner of the property to her daughter Tricia. This transfer is
(Multiple Choice)
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Manny wants to transfer his rights under a contract with Nila to Opie. To ensure that the transfer is valid, Manny must
(Multiple Choice)
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Fact Pattern 16-B1
Bayside Construction Company enters into a contract with Clio to remodel Dewey's Home Store, using products from Eagle Building Supplies. Fresh Food Cafe is next to Dewey's Home Store. The remodeling is a gift from Ben to Dewey.
-Refer to Fact Pattern 16-B1. Dewey is
(Multiple Choice)
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Fact Pattern 16-B1
Bayside Construction Company enters into a contract with Clio to remodel Dewey's Home Store, using products from Eagle Building Supplies. Fresh Food Cafe is next to Dewey's Home Store. The remodeling is a gift from Ben to Dewey.
-Refer to Fact Pattern 16-B1. Eagle will realize a profit from the sale of prod?ucts to Bayside to remodel Dewey's store. Eagle is
(Multiple Choice)
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Chaz and Dolly enter into a contract under which Chaz agrees to provide maintenance services for Dolly's Ski Resort. Duties under the contract may not be transferred if
(Multiple Choice)
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Trudy and Uri enter into a contract for the sale of Trudy's house for which Uri agrees to pay her $250,000. Uri wants to transfer his right to the ownership of the house to Val, his niece. This transfer
(Multiple Choice)
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An assignment is effective only after notice is given to the obligor.
(True/False)
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Julio contracts to provide lawn-mowing services to Kevin for $140 per month. Julio can?not transfer this duty
(Multiple Choice)
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An "as?signment of all rights" absolves the assignor of all liability under the contract that created the rights.
(True/False)
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Jon promises to paint Key's house in exchange for Lila's promise to plant trees on Jon's property. This is
(Multiple Choice)
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Dale signs a contract with Everbest Insurance Company that intentionally confers a benefit on Flo. Flo's rights under the contract will vest
(Multiple Choice)
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A creditor beneficiary has the power to sue the promisee if the contract is breached.
(True/False)
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The person to whom rights in a contract are assigned is the assignee.
(True/False)
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Ralph and Sven enter into a contract under which Sven agrees to guide Ralph's expedition through Tibet for which Ralph agrees to pay Sven. This contract may not be assigned if
(Multiple Choice)
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Privity of contract is the principle under which contracting parties alone traditionally had rights and liabilities under their contract.
(True/False)
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A contract between Computers, Inc., and Digital Corporation contains a clause stating that any assignment is "void." This effectively prohibits
(Multiple Choice)
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Milo and Nate enter into a contract for the closing of a sale of Milo's warehouse. When Nate's schedule conflicts, he asks Ollie to perform his duties at the closing. This transfer of duties is
(Multiple Choice)
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