Selected Answer: b.
before Mai’s rights have vested.
Correct Answer: b.
before Mai’s rights have vested.
Ques3on 3
Fact pattern 17-B1
Able Contractors, Inc., enters into a contract with Beau to repair, rebuild, and remodel Coastal
Marina & Boardwalk, using products from Delta Lumber & Marine. Eatwell Café is next to
Coastal Marina.
Refer to Fact pattern 17-B1. The value of Eatwell Café’s property will increase a@er Coastal
Marina store is refurbished. Eatwell Café is
Selected Answer: a.
an incidental bene:ciary.
Correct Answer: a.
an incidental bene:ciary.
Ques3on 4
App Developers, Inc. (ADI), enters into a contract with Carmen, the chief executive oCcer of
SalesCorp, to create an app for the firm. To fulfill the contract, ADI hires Max and ten other
student interns. With respect to the contract, Max is