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Question 6 Malia applied for a car loan from First Presidential Bank. First Presidential would not approve the car loan unless Malia's father Barack agreed
Question 6 | |
Malia applied for a car loan from First Presidential Bank. First Presidential would not approve the car loan unless Malia's father Barack agreed that he would pay the loan if First Presidential's efforts to collect from Malia were unsuccessful. In this situation Barack is a ____________________. | |
a | Conservator |
b | A very good father. |
c | Servitor |
d | Guarantor |
e | Donor |
Question 7 | |
Revocation of an offer takes place when: | |
a | The offeror has been properly notified. |
b | A proper counteroffer is made. |
c | The offeree has been notified. |
d | The offeree properly refuses the offer. |
Question 8 | |
Michelle hired Amy to paint her portrait. Amy begins painting the portrait but becomes upset with Michelle for some reason unrelated to the contract and refuses to finish the portrait. If Michelle files a lawsuit to require Amy to finish the portrait, the lawsuit will be a suit for _________________. | |
a | An injunction |
b | Restitution |
c | Specific performance |
d | Reformation |
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