Author Question: When a party fails to perform a promise that is the basis of the contract, that party has assigned ... (Read 124 times)

Mr.Thesaxman

  • Hero Member
  • *****
  • Posts: 514
When a party fails to perform a promise that is the basis of the contract, that party has assigned the contract.
 
  Indicate whether the statement is true or false

Question 2

A contract in which the seller agrees, for a fee, to keep an offer to sell a property open for a specified period of time, during which the offer may not be revoked, is a(n):
 
  a. Contingent contract
  b. Offer to sell contract
  c. Option contract
  d. Revocable contract



cloudre37

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

FALSE

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

For a complete list of videos, visit our video library