Author: Anonymous

​A homeowner who refinances her home mortgage may cancel the transaction:

An assignment, if otherwise valid, takes effect the moment it is made.​

The parol evidence rule generally excludes words spoken before or at the time a written contract was executed from contradicting the terms of the contract.

​When a party waives compliance with one provision of a contract, the other party may thereafter ignore other provisions of that contract.

​If a contract is unclear, it will be interpreted against the party who drafted it.

 If a debtor with multiple debts specifies the debt to which a payment is to be applied and the creditor accepts the money, the creditor is bound to apply the money as specified.​

​In an FOB place of shipment contract, the seller’s obligation ends when he delivers the goods to a carrier for shipment.

According to the power bases defined by BBT, ______________ is relying on one’s formal position to ensure compliance from players or teammates.

The growth of social media has provided a buffer or layer of protection to athletes, coaches and administrators where they can hide from fans.

According to the power bases defined by BBT, ______________ is using player or team desires for a strong relationship to gain compliance.