This topic contains a solution. Click here to go to the answer

Author Question: A proxy is effective until the shareholder revokes it. Indicate whether the statement is true or ... (Read 75 times)

lidoalex

  • Hero Member
  • *****
  • Posts: 538
A proxy is effective until the shareholder revokes it.
  Indicate whether the statement is true or false

Question 2

Noel and Lyle have a contract whereby Noel is to perform routine construction services according to the blueprints that Lyle has provided. Noel assigns the contract to David. As a result of this assignment:
 A) Lyle can bring suit based upon detrimental reliance.
  B) Noel has no more rights or responsibilities with regard to the contract.
  C) Noel no longer has any rights under the contract, but he remains responsible for the duties he agreed to perform.
  D) Noel has all of his rights under the contract, but he has no responsibility for the performance of the duties.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chloejackso

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

FALSE

Answer to Question 2

C




lidoalex

  • Member
  • Posts: 538
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

For a complete list of videos, visit our video library