Default of contract - Study guides, Class notes & Summaries
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NIGP CPP Test Questions with Correct Answers
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NIGP CPP Test Questions with Correct Answers 
 
You are leading the procurement for a new enterprise resource planning IT system that will be deployed across the entity. Proposers likely will use various subcontractors for integration, project management, and training. The users have expressed concern about financial viability of the successful contractor; the entity does not have the financial resources to mitigate risk from a default. What requirement would best protect the entity? - Answer-L...
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Package deal Champions Real Estate BUNDLED Exam Questions and Answers verified by Expert | Latest Update | (100% WELL ILLUSTRATED)
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Default of contract and types of damages - correct answer -In the event of default by the buyer, the seller may have several options, which include:
-Liquidated damages. The seller can choose to accept the buyer's earnest money as liquidated damages, releasing all parties from any further obligation under the contract. Liquidated damages are damage
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California Legal Aspects of Real Estate Final Exam 2022 (Answered)
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California Legal Aspects of Real Estate Final Exam 2022 (Answered) A promissory note is: a. evidence of the debt b. evidence of a sale c. a security inte rest in the property for the lender d. the same as a mortgage or trust deed In order to be considered an emancipated minor and have the capacity to contract, a minor must: a. be married, widowed, or divorced; have entered military service on active duty; or have received a declaration of emancipation from a court b. just state that he is an ema...
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TREC Promulgated Contract Forms #351 Final Exam 2023
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In the State of Texas who is allowed to use a customized real estate contract? 
The real estate brokerage company 
The salesperson 
The broker 
Lawyers licensed to practice in Texas - Answer- Lawyers licensed to practice in Texas 
 
Marcy is 17 and married. Her spouse is stationed in the Middle East. She purchased a home shortly before Stan, her husband returns to the United States. Select a problem that exists with this situation. 
Offer and acceptance issue 
Competency issue 
Consideration iss...
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LML4806 EXAM PACK 2023 QUESTIONS AND 100% VERIFIED ANSWERS CORRECT GRADE A+
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LML4806 EXAM PACK 2023 QUESTIONS AND 100% VERIFIED ANSWERS CORRECT GRADE A+ 
QUESTION 1 	 	 	 	 	 	 	 	 	 	 	 
1.1 Exclusive Properties (Pty) Ltd (the company) has four shareholders, each holding 25% of the voting rights in the company. All of the shareholders are also directors of the company. The Memorandum of Incorporation of the company has not changed the default position in terms of the Companies Act 71 of 2008 regarding the threshold required to pass ordinary resolutions. The company h...
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16 MAY 2023 EXAM ANSWERS - COMPANY LAW LML4806
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QUESTION 1 [20] 
1.1 The Memorandum of Incorporation of Generators Unlimited (Pty) Ltd provides that only the 
board of directors, or any director authorised by the board, has the power to conclude contracts 
on behalf of the company. It also states that any transaction that exceeds R10 million must first 
be authorised by the company’s shareholders at a general meeting by way of an ordinary 
resolution. One of the directors, Nthabiseng, is authorised by the board of directors to conclude 
con...
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pearson vue practice exam Questions and answers, 100% Accurate, graded A+
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pearson vue practice exam Questions 
and answers, 100% Accurate, graded A+ 
In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of 
agency to state ONLY those terms that are 
a. included in the listing agreement 
b. based on the brokers evaluation of prevailing prices and terms 
c. favorable for the seller, as determined by the broker 
d. attractive to buyers, as determined by the broker - -a. included in the listing agreement 
a lot measu...
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INF3707 Assignment 3 2023.
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INF3707 
Assignment 3 
2023.100% CORRECT questions, answers, workings and explanations. Whatsapp +25479 093 7672 for assistance. ........... Question 1: Chapter 6 (11 marks) 1.1 Create a sequence that generates integers starting with the value 5. Each value should be three less than the previous value generated. The lowest value should be 0, and the sequence should not be allowed to cycle. Name the sequence MY_FIRST_SEQ. (5 marks) 1.2 Issue a SELECT statement that displays NEXTVAL for MY_FIRST_S...
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Law of Contracts Exam Study Guide: Guaranteed A+ Score
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Default of contract and types of damages (pg 137) 
(Ans- 
 Liquidated Damages - The seller can choose to accept the buyer's earnest money as liquidated damages, releasing all parties from any further obligation under the contract. Liquidated damages are damages that are established in the contract. 
Monetary Damages - The injured party may "seek such other relief as may be provided by law." This would be an award of monetary damages by the court. Because monetary damages are awarded by the ...
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PVL2601 EXAM ANSWERS MAY/JUNE 2023
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PVL2601 EXAM ANSWERS MAY/JUNE 2023 
 
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Question text 
In which one of the following cases did the court prohibit a retirement annuity fund from making payments to a maintenance debtor unless the Maintenance Court or the maintenance debtor's former wife consented to such payment? 
 
a. 
Gerber v Gerber and Pocock 
 
b. 
Magewu v Zozo 
 
c. 
Mngadi v Beacon Sweets and Chocolates Provid...
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