Executory consideration - Study guides, Class notes & Summaries

The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording - B A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilateral (d) Void - A In the business of real estate, ___________ is defined as...

TEXAS PROMULGATED CONTRACTS QUESTIONS WITH CORRECT ANSWERS The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording -Ans>>B A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilateral ...

The _____ has oversight authority over state appraisal boards. CORRECT ANSWERS: ASC (Appraisal Subcommittee) Which of the below is a requirement of a valid real estate contract? CORRECT ANSWERS: consideration, in writing and signed, and lawful objective "The interaction of buyers and sellers who trade long-term or intermediate-term money instruments" is the definition of the _____________ market. CORRECT ANSWERS: capital An analysis of the market conditions of supply, demand, and p...

Mortuary Jurisprudence Final Exam Test Questions With Revised Correct Answers Forebearance - ANSWER : Refraining from doing something you have a lawful right to do 6 elements of an enforceable contract - ANSWER : 1. Agreement 2. Assent 3. Consideration 4. Lawful Purpose 5. Competent Parties 6. Form required by law Requirements of an offer - ANSWER : 1. Contractual intention 2. Definite 3. Communicated to offeree Termination of offer - ANSWER : 1. Counter offer* 2. Rejection by...

The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording - ANSWER-B A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilateral (d) Void - ANSWER-A In the business o...

The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording - ️️B A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilateral (d) Void - ️️A

The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording - ACCURATE ANSWERS B A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilateral (d) Void - ACCURATE ANSWERS A ...

Colorado Real Estate Exam Questions And Answers every valid contract must meet all of the following requirements except earnest money to have a valid contract four elements are needed 1) competent parties 2) mutual consent 3) legal consideration 4) legal object mutual consent the offer and acceptance of the offer legal consideration promises, something of value, an act, giving up the right to act, etc, legal object the parties are agreeing to do something that is leg...

Texas Promulgated Contracts-CHAMPIONS STUDY WITH CORRECT SOLUTIONS. The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording B A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) ...

The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording - answer B;A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilateral (d) Void - answer A;In the business of re...