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QUESTION 7 A condition precedent in Max's contract to buy Al's sailboat is that Max nd nancing below 8. Since Max has not been able

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QUESTION 7 A condition precedent in Max's contract to buy Al's sailboat is that Max nd nancing below 8. Since Max has not been able to do this, but still wants to buy the boat. he has voluntarily relinquished the right to this condition. This is an example of a(n) Accord and satisfaction Waiver Novation Tender QUESTION 8 . A contract clause that states that a buyer will purchase a new home only if she can get nancing under 5.5 is an example of a contract with a condition subsequent. True False Q u E STI o N 9 "Good faith" in the code means honesty in fact in the transaction. True False QUESTION 10 . A buyer does not have the right to inspect goods before paying for them if: The goods are sent C.O.D. The goods are sent under a destination contract. The goods are sent under a shipment contract. None of the above is true: Buyers always have the right to inspect goods before paying for them. QUESTION 11 A buyer has the right to inspect good before paying for them unless: A shipment contract is involved. A destination contract is involved. The shipment is C.O.D. The buyer is paying by cashier's check

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