business law

34 QUESTIONS Mike can obtain specific performance of which contract? CW Seller contracted to sell Mike a farm. CB) Mike bought a bull. Seler wrongfully failed to deliver the bull. The bult is a unique, hybred, Cajun contracted to purchase an ordinary SONY Stereo from ABC Inc. AaC wrongfully refuses to perform ID) A and B QUESTION 31 Menefee and her housemate Nettles decide Menefee should purchase an insurance policy on her life as part of their joint households investment plan. Nettles is named as beneficiary however a provision under the policy allows Menefee to revoke and change beneficiaries. Ir Menefee decides the will no longer pay the premiums, what might Nettles, as a third party beneficiary reasonably do? CA) She can sue Menefee for breach of contract CB) She can see the insurance company for breach of contract (C) She can sue Menefee and the insurance company simulaneously, thus doubling the value of the original contract (0) None of the above are key to be successful for her QUESTION 32 in general, the parel evidence rule states that CW A contract may never be altered in any way, under any conditions (5) Oral evidence will not be able to add to or change a contract once it is reduced to writin C) Oral evidence relating to a contract will not be admissible under any circumstances whatsoever. Only partially integrated contracts will be open to interpretation by the court QUESTION 13 Sam contracts with Emmit to buy a used tractor. Emmit agrees to sell the tractor to Som for 5800 Sam turns over the cash and immit turns over the tractor Thesivan example of Ancharge by treach 18 Drecharge by impossibility QUESTION 31 Menefee and her housemate Nettles decide Menefee should purchase an insurance policy on here as part of the joint households investment plan. Nettles is named as beneficiary however a provision under the policy allows Menefee to revoke and change beneficiaries Menele decides she will no longer pay the premiums, what might Nettles, as a third party beneficiary.reasonably do! She canso Menefee for breach of contract C) She can sue the insurance company for breach of contract She can see Menefee and the insurance company simultaneously, thus doubling the value of the original contract D) None of the above are likely to be successful for her QUESTION 32 in general the perel evidence rule states that A contract may never be altered in any way, under any conditions Oral evidence will not be admissible to add to or change a contract once it is reduced to writing Orledence relating to a contact will not be admissible under any circumstances whatsoever Only partially integrated contracts will be open to interpretation by the court QUESTION 33 Sami contracts with Emmit to buy a used tractor Emmit agrees to sell the tractor to Sam for $800. Sam turns over the cash and Fruit turns over the tractor. This is an example of A Discharge by breach Discharge by impossibility Discharge by full performance Co Discharge by substantial performance 34 QUESTIONS Mike can obtain specific performance of which contract? CW Seller contracted to sell Mike a farm. CB) Mike bought a bull. Seler wrongfully failed to deliver the bull. The bult is a unique, hybred, Cajun contracted to purchase an ordinary SONY Stereo from ABC Inc. AaC wrongfully refuses to perform ID) A and B QUESTION 31 Menefee and her housemate Nettles decide Menefee should purchase an insurance policy on her life as part of their joint households investment plan. Nettles is named as beneficiary however a provision under the policy allows Menefee to revoke and change beneficiaries. Ir Menefee decides the will no longer pay the premiums, what might Nettles, as a third party beneficiary reasonably do? CA) She can sue Menefee for breach of contract CB) She can see the insurance company for breach of contract (C) She can sue Menefee and the insurance company simulaneously, thus doubling the value of the original contract (0) None of the above are key to be successful for her QUESTION 32 in general, the parel evidence rule states that CW A contract may never be altered in any way, under any conditions (5) Oral evidence will not be able to add to or change a contract once it is reduced to writin C) Oral evidence relating to a contract will not be admissible under any circumstances whatsoever. Only partially integrated contracts will be open to interpretation by the court QUESTION 13 Sam contracts with Emmit to buy a used tractor. Emmit agrees to sell the tractor to Som for 5800 Sam turns over the cash and immit turns over the tractor Thesivan example of Ancharge by treach 18 Drecharge by impossibility QUESTION 31 Menefee and her housemate Nettles decide Menefee should purchase an insurance policy on here as part of the joint households investment plan. Nettles is named as beneficiary however a provision under the policy allows Menefee to revoke and change beneficiaries Menele decides she will no longer pay the premiums, what might Nettles, as a third party beneficiary.reasonably do! She canso Menefee for breach of contract C) She can sue the insurance company for breach of contract She can see Menefee and the insurance company simultaneously, thus doubling the value of the original contract D) None of the above are likely to be successful for her QUESTION 32 in general the perel evidence rule states that A contract may never be altered in any way, under any conditions Oral evidence will not be admissible to add to or change a contract once it is reduced to writing Orledence relating to a contact will not be admissible under any circumstances whatsoever Only partially integrated contracts will be open to interpretation by the court QUESTION 33 Sami contracts with Emmit to buy a used tractor Emmit agrees to sell the tractor to Sam for $800. Sam turns over the cash and Fruit turns over the tractor. This is an example of A Discharge by breach Discharge by impossibility Discharge by full performance Co Discharge by substantial performance