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true/false questions Dictate 15. The phrase merger or integration clause in a contract means that the parties expect the contract to be completed on or
true/false questions
Dictate 15. The phrase "merger" or "integration" clause in a contract means that the parties expect the contract to be completed on or before the specified date. 16. If one party decides a week after they enter into contract to cancel the contract before work begins the other party may recover damages from the breaching party. This concept is called "Promissory Relief". 17. One type of non-mariey damages in a civil contract matter is called "specific accord", 18. If a business does not have any required license, of any type, from the state or local government, every contract that the business enters into is unenforceable in Court 19. Upon "disaffirming" an agreement for the sale of goods the minor is usually allowed to keep the goods and have the money returned. 20. The Courts will enforce a promise to make a gift between two persons under the theory of "enforceable promissory contract". 21. An auction without reserve" means that the bidder can get the auctioned item without the owner pulling back the item because of too low of a bid. 22. Ir the terms of a contract are not understood by one party a Court will always throw out the contract because there was no "meeting of the minds". 23. "Exculpatory clauses" in contracts are always thrown out by the Courts because a person's misconduct cannot be contracted away. 24. An "Executor" to a will refers to the person who carries out the instructions of the will English (United States) Focus 3 6 0 - 4) TRUE :- the problems can be resolved by an accord and sati entrarte mutually Jords UK Step by Step Solution
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