LAW 398 Quiz 1

subject Type Homework Help
subject Pages 3
subject Words 260
subject Authors David P. Twomey, Marianne M. Jennings

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A buyer always has a right to examine the goods to determine if, in fact, the goods
conform to the contract.
In a simple contract made by an authorized agent on behalf of a disclosed principal, the
third person may sue either the agent or the principal in the event of a breach.
Under the "bedrock view," the purpose of a constitution is to state certain fundamental
principles for all time.
An "encryption" warranty is a warranty made by any party who encodes electronic
information on an instrument.
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Computer software licensing agreements include restrictions on the use of software and
give the licensor greater protection than that provided by copyright law.
When the main purpose of the promisor€s promise to pay the debt of another is to
benefit the promisor, the statute of frauds is not applicable, and the oral promise to pay
the debt is binding.
The intention to ratify an unauthorized act may be expressed by words or conduct.
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A promise to grant a mortgage on real property does not require written proof because it
is not a transfer of land.
A trust is invalid if a beneficiary lacks capacity.

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