extensive advertising Mary Presents two offers to the Jones Company. One offer is from an oil company who wishes to extract oil below the land surface and the second is from a farmer who wishes to graze cattle. Both are without contingencies. The most profitable recommendation that broker Mary can make to the Jones Company is that they:   A. accept both offers, since separate entities can enter into separate leases. B. accept neither offer and

37. Reduce the required provision if some or all of the expenditure required to settle a provision is expected to be reimbursed by another party, when, and only when, it is probable that reimbursement will be received if the enterprise settles the obligation. Select one: True or False

If the delivery term in the parties’ contract for the sale of goods is FOB the place at what the goods originated, absent any other agreement, the buyer is responsible for making reasonable arrangements for the goods to be shipped.   true or false

Miss Cora Cruz would like to buy products from the company of Aurora P. Tan. To make sure that the supplier will not commit a mistake in the delivery of the said product/products, she specifically mentioned the details in her letter. If you are to be asked, what kind of business letter you will use for this particular purpose? Direction: Write a business letter intended for this transaction. Assume that you are Miss Cora, and the reader is : Dr. Lorna R. Dimatatac, President, TIP Teachers and Employees Credit and Savings Cooperative, 938 Aurora Blvd, Cubao, Quezon City. The following should be considered in your letter: 1. Name of the Articles ordered 2. Description of each item, giving size, style, quality, quantity, material, weight, or whatever will help in identifying the article wanted 3. Catalog number of the item if it available, if not, the page number of the catalog 4. Quantity of each item wanted 5. Price of each item, and the total price of the order 6. Method of…

James is looking to enter into a listing contract with Mary to sell her house. The two are trying to come to an agreement on what type of listing contract to use. What type of listing contract will offer James the least amount of protection? O An open listing agreement since it is a unilateral contract. O An exclusive Right to Sell agreement since it is a bilateral contract. O An Exclusive Agency agreement since the owner can still find a buyer themselves O An Exclusive Agency agreement since it is a unilateral contract.

In the case of a contract for sale by sample there is an implied condition of all the following EXCEPT: That the goods will be free from any defect, rendering them un-merchantable, which would not O a. be apparent on reasonable examination of the sample. O b. That the buyer will have a reasonable opportunity of comparing the bulk with the sample C. That the bulk will correspond with the sample in quality O d. That the bulk of items will on average correspond with the sample quality

Skip and Jack are the shareholders of the Blue Fish Event Corporation. Skip and Jack regularly put on classy events on or near the beach, so they have a special insurance policy to protect their assets. Business has been slow as fewer large beach weddings are taking place, so Skip and Jack use a large fan to blow down and damage most of their décor assets, some of which were personal assets of Skip and Jack, to collect the insurance benefits. (a) Assuming their acts are proven, will a court allow Skip and Jack to recover the insurance money? (b) Is this a situation where the corporate veil may be pierced? Why or why not? (c) What would it mean for Skip and Jack if the corporate veil is pierced in this situation?

Identify FOUR (4) ways to terminate a contract, esplain it briefly and include examples

A.S.A.P.PLEASEEE

Abroducer has taken an application for an individual Disablay In CORRECT about this situation? ΟΛ 8 OD Y, CBS & GAS Since the producer collected a premium when taking the application, the road is As soon as the insurance company receives the application aren, wil policy. The Insurance company will be a policy to the applicant only the tongy te issued the appearty The insurance company will complete standard underwriting procedures before making a decision abt whether to was the op codeed Whe to may ad te led the ac à pricy to the with the ide dang the de time with p