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A custodian who holds money for the benefit of a minor under the Uniform Gifts to Minors Act may choose to use the money to send the minor to summer camp.

A custodian who holds money for the benefit of a minor under the Uniform Gifts to Minors Act may choose to use the money to send the minor to summer camp.

 The phrase “time is of the essence” means that:​

 The phrase “time is of the essence” means that:​

​A bailee’s __________ gives the bailee the right to maintain possession of the bailed property until reasonable storage and/or repair charges are paid.

An injured party who rescinds a contract after having performed services may recover the reasonable value of the performance rendered under restitutionary or quasi-contractual damages.

​If shipped goods are damaged or destroyed after risk of loss passes:

Joint tenancy and tenancy in common both feature the right of survivorship.

Ordinarily, contracts for the performance of personal services are specifically ordered.

​If monetary damages would be an adequate remedy, then an action for specific performance is not appropriate.