Question
Standard terms have evolved to describe the more common types of arrangements for shipment. The following Incoterm abbreviations, but one, standing for the following: 1.
Standard terms have evolved to describe the more common types of arrangements for shipment. The following Incoterm abbreviations, but one, standing for the following:
1. | CIF - cost, insurance and freight | |
2. | FOB - free on board | |
3. | EXW - ew works | |
4. | DDP - delivery didn't proceed | |
5. | FCL - full container load |
What are some of the most important powers given to directors of a corporation?
1. | to issue shares | |
2. | to call meetings of shareholders | |
3. | to declare dividends. | |
4. | all of the above. | |
5. | to adopt bylaws |
What are some of the most important powers given to directors of a corporation?
1. | to issue shares | |
2. | to call meetings of shareholders | |
3. | to declare dividends. | |
4. | all of the above. | |
5. | to adopt bylaws |
There are two main classifications of interests in land. They are:
1. | Freehold estates and fee simple estates. | |
2. | Freehold estates and Leasehold estates. | |
3. | Freehold estates and Life estates. | |
4. | Fee simple estates and Leasehold estates. | |
5. | Life estates and Leasehold estates. |
Yuri makes a gratuitous promise to Rav, fully intending to keep his promise. However, Yuri later finds it inconvenient to perform what he promised. Meanwhile, Rav has reasonably relied on Yuri's promise and has incurred expenses that he would not have otherwise incurred. What happens? Does Rav have any hope of relief?
1. | all of the above. | |
2. | The principle of equitable estoppel, where the court exercises its equitable jurisdiction to estop a promisor from claiming that he was not bound by his gratuitous promise where reliance on that promise caused injury to the promisee, may provide some relief. | |
3. | A lawsuit happens next - a gratuitous promise is a promise like any other promise and can be enforced. | |
4. | Yes, there is relief. Rav can sue Yuri for breach of contract under the strict rules of contract law. | |
5. | Yuri may rely on the principle of equitable estoppel to defend himself against Rav's lawsuit, on the basis that his promise was a gratuitous one. |
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