FESSOR OILMORE 20. Robert, a world famous chef, signs a contract to give French cooking lessons to Lester. Robert attempts to delegate his duties under the contract to Aloysius, the owner of Al's Fast Food Emporium. The delegation of duties will ng A) Be valid only if Aloysius is a highly respected BBQ chet nd t B) Not be valid because performance of the contract depends on Robert's unique skills. C) Be valid D) Not be valid only if Lester detests fast food :A 21. An offer made on July 2 that calls for an acceptance to be in writing and received by August 10. Which of the following is correct about the acceptance of this offer? I) An acceptance that is mailed on August 3 and received on August 6 is valid on August 3 Il) An acceptance that is sent by certified mail on August 8 and received on August 12 is valid due to the certification. A) I only B) II only C) Both I and II D) Neither I nor II 22. Fred offered, in writing, to sell Barney a parcel of land for $300,000. If Fred dies, the offer will: A) Automatically terminate despite Barney's prior acceptance B) Remain open for a reasonable period of time after Fred's death. C). Automatically terminate prior to Barney's acceptance. D) Terminate prior to Barney's acceptance only if Barney received notice of Fred's death. are the most common form of business organization in the United ates A) General partnerships B) Sole proprietorships C) Limited liability companies D) Limited partnerships 24. Arthur purchased a life insurance policy from Adequate Life Insurance Co The policy named Arthur's wife, Allison, as the sole beneficiary, which has a face value of $750,000. One year after the policy took effect, Arthur died of a massive stroke. Arthur properly disclosed on the application a preexisting medical condition that caused the fatal stroke. Adequate refused to pay the death benefit to Allison. If Allison sues, she will: A) Lose because she is an incidental third party beneficiary B) Win because she is an incidental third party beneficiary C) Lose because she is an intended third party beneficiary. D) Win because she is an intended third party beneficiary