This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What distinguishes a sale of real estate from a gift? What will be an ideal ... (Read 62 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
on: Aug 3, 2018
What distinguishes a sale of real estate from a gift?
 
  What will be an ideal response?

Question 2

Although one of the main goals of bankruptcy is to provide the debtor with a fresh start, the trade-off for participation in the system is the protection and fair treatment of
 
  A) Consumers
  B) Investors
  C) Creditors
  D) Debtors


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joewallace

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Aug 3, 2018
Answer to Question 1

Consideration. A gift lacks consideration, nothing is given in exchange for the property. With a sale, there is an exchange of promises, the promise to transfer and the promise to pay the purchase price.

Answer to Question 2

C


tsand2

  • Hero Member
  • *****
  • Posts: 520
Reply #2 on: Aug 3, 2018
TY


joewallace

  • Sr. Member
  • ****
  • Posts: 337
Reply #3 on: Aug 3, 2018
You're welcome


« previous next »
 

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

The Real Reason Why They Repeat the Same 20 Songs on the Radio & TV Nationwide The Real Reason Why They Repeat the Same 20 Songs on the Radio & TV Nationwide
This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
Real Femur Real Femur
The Number of Children Americans Think Are Ideal The Number of Children Americans Think Are Ideal
How to use the discriminant to determine the value of k in a quadratic with one real root How to use the discriminant to determine the value of k in a quadratic with one real root
If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas? If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas?
Video: What are the Parts of a Plant Cell?

For a complete list of videos, visit our video library