part 2

Question 11 (1 point) 3 Listen 6 19 12 Lakeside Property. Ronnie agreed to act as Sue's agent in finding a piece of lakeside property for her at a good price and in obtaining a loan for her with which to purchase the property. She agreed to pay him $500 for doing so. To assist Ronnie in his duties, Sue disclosed to Ronnie confidential information about her finances and debts. Ronnie decided that he needed help and paid Rick $300 to look for property for Sue. Bruce told Ronnie about a great deal on a piece of lakeside property that Bruce had for sale. In fact, the deal was so good that Ronnie purchased the property for himself. When Sue found out about the property Ronnie bought for himself, she complained to Ronnie. He defended himself on the basis that he was not actually working for Sue when he found out about the deal. At the time, he was playing golf with Bruce. He also told Sue that he had hired Rick for $300 to assist him and that he could not be held liable because he had turned the job over to Rick. He asked Sue for reimbursement of that amount Sue fired Ronnie, threatening to sue him. Ronnie told Sue that he would counterclaim for the $300 owed to Rick. Only after he was fired, Ronnie disclosed to a number of parties information regarding Sue's spending habits that he thought were excessive. What remedy should Sue seek if she wants possession of the lakeside lot Ronnie purchased? 15 18 21 24 1) A resolute trust 27 2) An actual trust 30 3) A constructive trust 33 4) A defined trust 5) An absolute trust Question 12 (1 point) 3 Listen 6 So 19 12 Im 15 Nasty Break-Up. Harold wants to purchase a lot next door to Sarah's home that is owned by Sarah. Harold knows Sarah will not sell the lot to him because they dated in the past and had a nasty break-up. Harold agrees with Alice that Alice will purchase the lot from Sarah for him. Alice and Sarah reach an agreement and enter into a contract whereby Sarah is to sell the lot to Alice for a price within the scope of Alice's authority. Alice tells Sarah nothing about her plan to later transfer the lot to Harold. Before title to the lot is transferred to Alice, Harold tells Alice that he no longer wants the lot. Alice tells Sarah about Harold. Sarah tells Alice that as far as she is concerned, Alice has bought the lot. Sarah says that she plans to move anyway and really does not care whether Alice or Harold ends up with the lot. She just wants her money. Which of the following is true regarding whether Harold is liable to Alice for the cost of the lot if Alice pays Sarah the purchase price? 1) Harold is liable to Alice for the cost of the lot. 2) Harold is liable to Alice for the cost of the lot, but only if the contract 2 between Harold and Alice expressly stated that he would reimburse her for the cost of the lot 3) Harold is liable to Alice, but only if she resells the lot and is unable to recover as much as she paid for it. 18 21 24 27 4) Harold is not liable to Alice for the cost of the lot. 5) Harold can avoid liability to Alice, but only if he can establish that unexpected circumstances caused him to refuse to purchase the lot from her. 30 Page 1 > Question 13 (1 point) Listen 1 2 4 5 6 8 S 10 11 12 113 14 15 16 17 18 The Big Sale Christy, the owner of ABC department store, needed to hire a number of employees in a hurry because of a planned big summer sale. Bob was hired by Christy to run a cash register and to assist customers with taking large purchases to their cars. Bob encountered a particularly annoying customer, Frank. Frank started complaining the minute he saw Bob. Frank complained about having to wait for Bob to assist him with carrying his television purchase to his car, the merchandise in the store, and the quality of the store's employees. Bob tried to control himself while he carted Frank's television to the car. The final straw, however, came when Frank told Bob that he should get the earring out of his ear cut his hair, and act professionally Bob threw the television to the ground and punched Frank in the nose. Frank Investigated and discovered that Bob has just been fired from his last three jobs for violent actions against customers. Two of his former employers are willing to testify that it Christy had called them, they would have disclosed Bob's tendencies to her, Bob listed the former employers on his application, but because she was in a hurry to hire employees, Christy did not take the time to check with the former employers. Another problem confronting Christy during the big sale is that Susle, a long time employee of Christy's who had never caused any problem before, negligently dropped a box on the foot of Greg, a customer. Greg had to have an X-ray and is threatening to sue both Christy and Susie. Which of the following is true regarding whether Greg has any right of recovery against Susie for his injured foot? 1) Greg has no right of recovery against Susie because of her status as an employee 2) Greg has no right of recovery against Susle because she did not intentionally harm him. 3) Greg has no right of recovery against Susie because of her status as an employee and because she did not intentionally harm him 4) Greg has a right of recovery against Susie, but only if Christy is bankrupt. 19 20 21 > 22 23 24 25 26 22 20 30 31 32 33 . Greg has a right of recovery against Susie. age 1 2 5 5 6 > > 8 9 11 12 14 15 17 18 > The Big Sale. Christy, the owner of ABC department store needed to hire a number of employees in a hurry because of a planned big summer sale. Bob was hired by Christy to run a cash register and to assist customers with taking large purchases to their cars. Bob encountered a particularly annoying customer, Frank. Frank started complaining the minute he saw Bob. Frank complained about having to wait for Bob to assist him with carrying his television purchase to his car, the merchandise in the store, and the quality of the store's employees. Bob tried to control himself while he carted Frank's television to the car. The final straw, however, came when Frank told Bob that he should get the earring out of his ear, cut his hair and act professionally Bob threw the television to the ground and punched Frank in the nose. Frank investigated and discovered that Bob has just been fired from his last three jobs for violent actions against customers. Two of his former employers are willing to testify that if Christy had called them, they would have disclosed Bob's tendencies to her. Bob listed the former employers on his application, but because she was in a hurry to hire employees, Christy did not take the time to check with the former employers. Another problem confronting Christy during the big sale is that Susie, a long-time employee of Christy's who had never caused any problem before, negligently dropped a box on the foot of Greg, a customer. Greg had to have an X-ray and is threatening to sue both Christy and Susie. Which of the following is true regarding whether Greg has any right of recovery against Christy for his injured foot? 1) Greg has no right of recovery against Christy because Susie had not dropped any boxes before and because Christy had no reason to suspect she would injure Greg 2) Greg has a right of recovery against Christy, but only if Susie is insolvent. 3) Greg has a right of recovery against Christy, but only for one half of his damages 4) Greg has no right of recovery against Christy because he will not be able to establish any wrongdoing on her part in hiring Susie. 5) Greg has a right of recovery against Christy, 20 21 23 24 26 27 29 30 32 33