Blog

Which of the following would have the biggest impact on the effectiveness of your communication with a client?

Green River Gas Company offers to sell Far East Energy, Ltd., a certain quantity of liquefied natural gas. If Far East sends an acceptance via FedEx, Green River’s authorized mode of communication, it will be effective when it is

Green River Gas Company offers to sell Far East Energy, Ltd., a certain quantity of liquefied natural gas. If Far East sends an acceptance via FedEx, Green River’s authorized mode of communication, it will be effective when it is

Building Restoration, Inc. (BRI), enters into a contract to refurbish an old train depot for Casual Dining, Inc., to open as Eat Up Restaurant. If BRI completes most of the work promised in the contract, and only a minor portion is left undone through no fault of their own, BRI’s performance will likely be considered _____________, and Casual Dining, Inc. will continue being bound by the contract and be able to get damages for the incomplete portion of work.

Property Management, Inc. (PMI), presents a standard-form lease for an apartment to Quentin, a potential tenant. PMI offers it on a take-it-or-leave-it basis. Quentin signs it without the opportunity to negotiate any terms. This is an example of (a)(an) _______________.

County Title Company processes information furnished by others to transfer title to real estate from a seller to a buyer. In performing this task for a sale of land from Doyle to Ezra, the furnished title information is incorrect. The contract between Doyle and Ezra that includes the incorrect title information may be rescinded if the mistake involves

Don and Evon orally agree on the sale of Don’s Electrical Supplies Company to Evon and jot down the terms on the back of one of Don’s blank invoices, which they both sign. A written memorandum evidencing an oral contract that would otherwise be unenforceable must contain

Bill offers to buy Pete’s chainsaw for $400. Pete replies, “You cheapskate, if you gave me $500 I would sell it to you, but not $400.” Bill says $500 is too much and is not willing to pay that. Two weeks later, Pete calls Bill and says “I accept your offer of $400.” Bill and Pete have created:

Building Restoration, Inc. (BRI), enters into a contract to refurbish an old train depot for Casual Dining, Inc., to open as Eat Up Restaurant. If BRI completes most of the work promised in the contract, and only a minor portion is left undone through no fault of their own, BRI’s performance will likely be considered _____________, and Casual Dining, Inc. will continue being bound by the contract and be able to get damages for the incomplete portion of work.

Don and Evon orally agree on the sale of Don’s Electrical Supplies Company to Evon and jot down the terms on the back of one of Don’s blank invoices, which they both sign. A written memorandum evidencing an oral contract that would otherwise be unenforceable must contain