Exam 3 (legl 3000) part 2 Flashcards

Imelda and Jeremy enter into a contract for the sale of Imelda’s condominium for which Jeremy agrees to pay $150,000. Jeremy wants to transfer the right to the ownership of the property to his daughter Karin. This transfer

must be in writing

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Lin and Mercedes want Ngo to replace Mercedes as a party to their contract. They can best accomplish this by

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Louie wants to transfer his right to the payment of his wages under an employment contract with Metalworx Company to National Savings Bank. In most states, this transfer

must be in writing

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Lyle and Miranda agree that Lyle will fix the refrigeration unit in Miranda’s Buns n’ Burgers in exchange for her payment of a debt that Lyle owes to New Credit Corporation. New Credit is

an intended beneficiary

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Raphael agrees to lease an apartment from Suzanne for one day to see Thomas, the president of the United States, deliver a speech in the street below. The speech is canceled three days before its scheduled date. The contract

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Fact Pattern 13-1

Flora, who owns and operates Garden Fresh Organic Farms, agrees to sell Harvesters Grocery a minimum quantity of fresh fruits and vegetables every week for three months.

Refer to Fact Pattern 13-1. If a strike delays delivery of the produce beyond the time for performance, Flora’s contract with Harvesters is

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Fact Pattern 13-1

Flora, who owns and operates Garden Fresh Organic Farms, agrees to sell Harvesters Grocery a minimum quantity of fresh fruits and vegetables every week for three months.

Refer to Fact Pattern 13-1. If bad weather destroys Flora’s crops, the obligation to deliver produce to Harvesters is

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Fact Pattern 13-1

Flora, who owns and operates Garden Fresh Organic Farms, agrees to sell Harvesters Grocery a minimum quantity of fresh fruits and vegetables every week for three months.

Refer to Fact Pattern 13-1. If Flora dies before the deliveries begin, her contract with Harvesters is

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Fact Pattern 13-1

Flora, who owns and operates Garden Fresh Organic Farms, agrees to sell Harvesters Grocery a minimum quantity of fresh fruits and vegetables every week for three months.

Refer to Fact Pattern 13-1. If the market price for organic produce exceeds the price in the contract with Harvesters, and Flora decides not to deliver the order. her contract with the grocery is

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Revenue & Sales Corporation and Software Solutions, Inc., enter into a contract for the design of custom software for which Revenue & Sales agrees to pay $4,500. Software Solutions transfers the right to payment under the contract to Creditline Company. Creditline is

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Appliance Repair Service enters into a contract to repair washers and dryers in BeClean Company’s coin-operated laundries. If Appliance Repair breaches the contract, BeClean can

sue Appliance Repair for damages