Which of the following is false regarding assignments?
Carl entered into a written contract with Ned, in which Carl…
Carl entered into a written contract with Ned, in which Carl agreed to buy twenty gallons of honey produced by Ned (Ned is a beekeeper) in August 2018. Unbeknownst to Ned and Carl, all of Ned’s bees had died from a rare disease. Although Ned cannot perform the contract, Carl wishes to enforce it. If Carl sues Ned, will Carl be successful in enforcing the contract? Explain your answer.
Tim agrees to buy all of the oranges Alice grows on her farm…
Tim agrees to buy all of the oranges Alice grows on her farm this year for a set price per pound. Does the agreement between Tim and Alice have to be in writing?
A floating lien gives the creditor the right to attach . . .
A floating lien gives the creditor the right to attach . . .
John just bought a house next to Susan. To get to Publix, it…
John just bought a house next to Susan. To get to Publix, it is most convenient for John to pass over a portion of Susan’s property. Susan orally agrees to assign this right over her property (called an easement) to John for a nominal fee. Is this agreement enforceable?
The Statute of Frauds requires that the following types of c…
The Statute of Frauds requires that the following types of contracts have to be in writing to be enforceable:
The transfer of a promisee’s rights under an existing contra…
The transfer of a promisee’s rights under an existing contract is called:
Kenneth agrees to buy Jenny’s car for $1,800. They orally ag…
Kenneth agrees to buy Jenny’s car for $1,800. They orally agree on a payment schedule whereby Kenneth pays Jenny $100 per month until the car is paid for, at which point Jenny will transfer the registration. After Kennth makes five payments, Jenny changes her mind and tells Kenneth the deal is off. Because they have no written agreement, Jenny claims there is no contractual obligation. Kenneth sues Jenny. What is most likely to happen in court?
In a sales contract, a clause states that the “Seller warran…
In a sales contract, a clause states that the “Seller warrants that all items furnished hereunder will be in conformity with Buyer’s specification.” This is an example of:
Sylvia agrees to buy Corinne’s Jimmy Choo shoes; however, Co…
Sylvia agrees to buy Corinne’s Jimmy Choo shoes; however, Corinne is asking $2,900 for the shoes, and Sylvia does not have that much cash on hand. Sylvia and Corinne enter into an oral agreement whereby Sylvia agrees to pay Corinne $75 per month until the shoes are paid for. Is this a valid agreement?