What does the term "no mutual agency" mean
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What does the term "no mutual agency" mean
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- Which of the following mistakes that does NOT render an agreement defective? A) identity of the party or parties B) identity of the subject matter C) terms of the contract D) existence of the subject matterWhat does the term recognize mean?What is the difference between an Offer for a unilateral contract and an Offer for a bilateral contract? Why might that difference be important to understand?
- What is Law of agency? Explain different ways (with examples) through which agency is created.Is there any exception to the rule that the particular motives of the parties in entering into a contract are different from the cause of the contract? If there is, what is it? Give examples.When does an agency relationship happen?
- Which of the following is not a secondary mode of extinguishing obligations? * Changing the object of the obligation with the consent of the parties Death of both parties Compromise PrescriptionGive example/illustration of reciprocal obligation. Explain why it is a reciprocal obligation.Distinguish between participating or nonparticipating?
