A minor enters into a contract for the purchase of certain necessaries , in such case Question 8Answer a. he is liable to pay b. his guardian is liable to pay. c. he is not personally liable to pay d. his estate is liable to pay
Q: Emilio's Italian Restaurant enters into a contract with Vino winery wherein Emilio's agrees to…
A: (A) This is the incorrect choice. The omission of a precise number word does not automatically…
Q: Sarah and ArtWorks enters into a written contract on June 1 for sale of specific painting, painted…
A: A contract is a legally obligated agreement that is entered into by two or more parties that creates…
Q: Prior to her death in 2023, Elfrieda made lifetime taxable gifts of $34,000. At her death, she was…
A: Please find the answer below. Estate tax liability :- Estate tax liability is the amount of…
Q: A voluntarily paid his obligation which had already prescribed. Can A later on sue to recover what…
A: PLEASE NOTE AS PER THE POLICY SOLVING FIRST QUESTION. PLEASE POST OTHER QUESTIONS SEPRATELY.…
Q: 2. When two or more policies cover the same loss, the right of the one insurer to call upon the…
A: Let us evaluate each option Q: When a loss is covered by two or more policies, then right of one…
Q: 17. Elizabeth Ellis sells a business asset for $10,000. Assume that Elizabeth has owned the asset…
A: Depreciation is reduction in the value of the assets from its original value. It is the accounting…
Q: A breach of contract occurs when either party violates the agreed upon promise. True False
A: A contract is nothing but a legally binding agreement that describes and administer the…
Q: Liability for Contracts. Thomas Huskin and hiswife entered into a contract to have their home…
A: In general the contract means an agreement that is written or oral which is specially concerned with…
Q: An insured who wants to guarantee that an Accident and Health policy will remain in force even in O…
A: Ensuring the continuity of an Accident and Health insurance policy in the event of disability is a…
Q: 15-year old inherited some property from a grandparent. The 15-year old put the property on the…
A: Explanation : A 15-year old inherited some property from their grandparent. The 15-year old put the…
Q: What happens when homeowners owe more to subcontractors than the total price they were to pay the…
A: Subcontractors are independent businesses or persons hired by a general or primary contractor to…
Q: Betty has agreed to sell her boat to Angela for $9,750. However, when Angela goes to Betty's house…
A: Breach of contract is a result of failure to ensure that the promises made in the contract are…
Q: Courts generally consider advertisements to be a: • Negotiation • Contract • Promise • Offer
A: In simple terms, advertisements are like friendly invitations from businesses to the public. They're…
Q: The overall responsibility of a fiduciary estate manager is to a. make certain that payment of the…
A: A fiduciary estate manager refers to an individual who has the legal responsibility to handle the…
Q: The offer can be terminated for all of the following reason except
A: An offer is a conditional proposal made by a buyer or seller to buy or sell an asset, which becomes…
Q: which type of deed provides a gurantee by the grantor that the grantor did not place any clouds of…
A: A "General Warranty Deed" is a document where the person selling the property promises that they own…
Q: (1) the $120,000 for tree removal and soil preparation was incurred incommencing a new business;…
A: (1) The $120,000 incurred for tree removal and soil preparation can be considered as an expense…
Q: under the death of an insured, a creditor May be able to be a claim if the a. beneficiary is the…
A: The question is asking under what circumstances a creditor may be able to claim from an insurance…
Q: A sells B his horse for $10000. The horse is blind in one eye but B does not know this until after…
A: A contract is described as an agreement between two parties, and it is based upon mutually agreed…
Q: f a person is not obliged principally or subsidiarily under a contract, would it be possible, for…
A: A contract is a document that binds two parties, institutions or organizations through a legal…
Q: M sells goods to a rogue, R. R obtained the title of the goods despites his deceit intention. R…
A: Note: As per bartleby guidelines in case multiple questions are asked by the students then the…
Q: Prevents the company from denying a claim after the policy has been in force for 2 years
A: Incontestibility clause is a clause to protect the policy holder in such cases where the policy…
Q: Facts: On February 1, 2004, Buyer entered into a contract to buy Seller’s house in Las Vegas for…
A: The enforceability of a modification to an original contract is dependent on specific legal factors…
Q: Contract for a piece of work is covered under Statute of Frauds. a. True b. False c. Partly…
A: When considering the business operations of the organizations in the market place it is subjected to…
Q: If John remarks to Jane that her employment will be based upon granting him sexual favours, this…
A: A contract is an enforceable legal arrangement that establishes, details, and regulates the rights…
Q: Under the frustration of purpose doctrine, performance is excused when: Group of answer choices 1.…
A: The frustration of purpose occurs when an unforeseen event undermines a party's principal purpose…
Q: A minor has no legal capacity to enter into a contract”. Explain TWO (2) of its exceptions with…
A: In contract act minor cannot enter into a contract, no matter what the case is the contract will be…
Q: Toby's Doggie Hotel enters into a contract with ABC Marketing to purchase 100 orange frisbees for…
A: Toby's Doggie Hotel had entered into a contract with ABC Marketing to purchase 100 orange frisbees…
Q: 85 The purpose of the insuring clause in on accident and Health policy is to A) specify the schedule…
A: The correct answer is B) Specify the conditions under which benefits are payable.The insurance…
Q: 25. A isting broker is employed to find a purchaser and produces a full cash offer that meets the…
A: A broker who represents a seller, buyer, or both in a limited capacity. A broker is a corporation or…
Q: 2. Chan bought two pairs of blue cotton track pants after he was shown a sample by David. One pair…
A: The contract describes the agreement that is formulated between two or more individuals. When one…
Q: Is there provision for payment of interest on delayed gratuity and what penalties exist for…
A: The Gratuity Act, officially known as the Payment of Gratuity Act, 1972, is a social security…
Q: Jim is a 15-year-old boy living in London. Briefly explain to Jim the legal position arising from…
A: “Legal position" refers to the legal rights, responsibilities, and consequences that arise from a…
Q: Brooklyn went into default on her home loan. Her lender decided to foreclose on the property. To do…
A: The objective of the question is to understand the type of state Brooklyn lives in based on the…
Q: In a commercial real estate transaction, which of the following deed types would be used in a…
A: Business law is the aspect of the law that describes the rules, regulations, and laws that are…
Q: In exchange for $400,000. Clarissa offers to recreate a scene from the musical, "Annic," in business…
A: Legal principles, which are derived from legislation, cases, and ethical foundations, are the…
Q: An intoxicated person who enters into a contract without appreciating the rights and duties which…
A: Contract defines a mutual agreement which states about a promise which both parties have agreed to…
Q: Liable - Undue influence
A: Liable undue influence in this, we are going to discuss about the situation mentioned as liable…
Q: Sue Flay's Cakery promises to pay Oscar Ruitt not to park in a city-designated no-parking zone in…
A: In the given scenario, Sue Flay's Cakery offers to pay Oscar Ruitt not to park in a city-designated…
Q: Luke offered to sell his farm to Kent at $75,000, an offer which Kent declined. A week later, Luke…
A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If…
Q: 1. Marriage contracts, under the Statute of Frauds, requires the parties to get married. a) True…
A: The Answer is FALSE ( Under Statue of Frauds , it should be in writing than only contract will…
Q: Raphael, a minority shareholder of the Sample Corporation, claims that the following sales are void…
A: A shareholder is described as an institution, company or person that owns a share or a part of a…
Question 8Answer
Unlock instant AI solutions
Tap the button
to generate a solution
Click the button to generate
a solution