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1. 2. 3. True or false? Norman Homes is a residential home builder. Norman Homes is planning on building either three or four homes during

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True or false? Norman Homes is a residential home builder. Norman Homes is planning on building either three or four homes during the next year, if they can line up enough customers. Even though Norman Homes does not know how many jobs or how much lumber they will need, significant discount for signing the contract now instead of waiting until the jobs are confirmed. The contract is invalid because it does not state an amount of lumber that will be purchased by Norman Homes. True False Trevor has good title to the computer that he is selling. What does "good title" mean? The software on the computer is licensed to Trevor Trevor has personalized the appearance of the computer Trevor's name is on the warranty certificate for the computer Trevor has undisputed ownership of the computer Norman Homes is a residential home builder. Norman Homes is planning on building either three or four homes during the next year, if they can line up enough customers. Even though Norman Homes does not know how many jobs or how much lumber they will need, they have signed a contract agreeing to purchase all of the lumber that they require from a local lumberyard. The lumberyard offered a significant discount for signing the contract now instead of waiting until the jobs are confirmed. amount of lumber to build three homes using the contract? No, because the contract only states that Norman Homes will purchase the lumber that it requires No, because the contract was for lumber for four homes, not three Only if one or both of the parties goes bankrupt

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