Using the facts in question 23, assume that Socrates' house is twice the size as Aristotle's, Plato could avoid the assignment as it changed his risk or duties. a. True b. False The contract between Aristotle and Plato for the painting of the house is one that is required to be in writing under the statute of frauds. a. True b. False A life insurance contract can best be described as: a. Assignment b. Delegation c Third Party Beneficiary Contract d. Novation Norm and cliff are friends who hang out at a bar in Boston. Norm is in the market for a new home. Cliff is trying to sell his home and move to Arizona. Norm likes cliff's house but is unsure if he can afford it. Also, cliff isn't sure that when he goes to Arizona that he'll be able to find a suitable place to live. They enter into an agreement wherein Norm agrees to purchase Cliff's house if he is able to find financing and Cliff agrees to sell Norm his house if he purchases a house in Arizona. The condition that Norm must be able to obtain financing can best be describes as a: a. Condition precedent b. Condition subsequent The condition that Cliff must be able to find a house place to live can best be described as a: a. Condition precedent b. Condition subsequent