Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Lauren Conrad and her BFF Lo are hanging out together, and Lo sees a dress that she likes. Lauren says, I bet I could make

Lauren Conrad and her BFF Lo are hanging out together, and Lo sees a dress that she likes. Lauren says, "I bet I could make you a dress exactly like that." Lo says nothing. Lauren makes the dress, but Lo does not pay for the dress. Lauren's best chance to collect from Lo would be on the basis of O a. Implied-in-fact contract O b. Express contract O c. Quasi contract O d. Unilateral contract QUESTION 13 Adam buys a time instrument from Britney the day after its express due date. Adam is on notice that the instrument a. Has been dishonored b. Is no longer negotiable Oc. Is overdue Od. Is payable immediately QUESTION 14 A bearer instrument can be converted to an order instrument, or an order instrument can be converted to a bearer instrument, depending upon the type of endorsement/indorsement in negotiation. 2 p 2 poinsimage text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Comparative International Accounting

Authors: Christopher Nobes, Robert Parker

14th Edition

1292296461, 978-1292296463

More Books

Students also viewed these Accounting questions

Question

4. What means will you use to achieve these values?

Answered: 1 week ago

Question

3. What values would you say are your core values?

Answered: 1 week ago