17. Which of the following contracts is not governed by the rule on double sale? Group of answer choices Contract to sell Agency to sell Both a and b Neither a nor b
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17. Which of the following contracts is not governed by the rule on double sale?
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- 38. In which of the following contracts may full payment of the price become the operative act that transfers ownership from the seller to the buyer? Group of answer choices Contract of sale Contract to sell Either a or b Neither a nor b1. What is the difference between a spot and a forward rate? If the forward rate is not at parity during the outset of the contract, which theory of term structures does this violate?Would the sale be on an underwritten or bestefforts basis?
- The seller of a forward contract: Question 16Answer a. is obligated to take delivery and pays the lower of the spot market price or the contract price. b. is obligated to make delivery and accept the forward price. c. B. has the option of making delivery and receiving the greater of the spot price or the contract price. has the option of making delivery and receiving the greater of the spot price or the contract price. d. has the option of either making delivery or accepting delivery.T/F 1.Sale is a mode that gives rise to a title 2. Nominate which means that it has been given a particular name by law. A certain set of provisions will be applicable In trying to construe issues related to the contract.92. Which of the following is not a mode of extinguishment of contract of sale? Group of answer choices a. Redemption, whether legal redemption or conventional redemption b. Fulfilment of suspensive condition on sale of a determinate thing whose acquisition of ownership by the seller depends upon a contingency c. Resale of the goods by the unpaid seller d. Cancellation of sale of personal property in instalments by the seller in case the buyer defaulted in at least two instalments
- 87. The seller in an auction sale employed a by-bidder or pupper who bid in behalf of the seller for the purpose of raising the auction price. The seller employed the said by-bidder or pupper without notice to the bidder. What is the possible effect of such non-notification committed by the seller to the perfected contract of sale by auction with the highest bidder? Group of answer choices a. It makes the contract of sale rescissible. b. It makes the contract of sale voidable. c. It makes the contract of sale unenforceable. d. It makes the contract of sale void.Determine whether the statement is legally correct (true) or not (false). 1. An offer is subject to the complete will of the offeror and may be withdrawn or destroyed prior to its acceptance. 2. Actual delivery and payment is needed to establish existence of valid contract of sale.If a contract modification adds distinct goods or services and the contract price increases by an amount that reflects the stand-alone selling price of the added goods or services, then the contract modification should be accounted for By cumulative catch-up method. By prospective method. As a new separate contract. None of these choices.
- A contract to sell is the same as a conditional contract of sale. Do you agree? Explain your answer.Which of the following is NOT the correct statements regarding forward contracts? I. contain a commitment to the owner, and are standardized. II. contain a commitment to the owner, and can be tailored to the desire of the owner. III. contain a right but not a commitment to the owner, and can be tailored to the desire of the owner. IV. contain a right but not a commitment to the owner, and are standardized. A. I, III, IV B. II, IV C. I, II, III D. I, IIWhich one of the following would not be considered in the development of a partnership agreement? A. profit and loss levels B. processing disputes C. stock options D. asset contributions
