LAW 741 Quiz 3

subject Type Homework Help
subject Pages 2
subject Words 182
subject Authors Arnold J. Goldman, William D. Sigismond

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page-pf1
The ____________________ rule states that the offeree must match, term by term,
what was requested in the offer.
A(n) ____________________ is a person who benefits from private information
received from a corporate insider.
The ____________________ of a corporation delegates power for day-to-day
operations to an executive committee and to corporate officers.
Contracts are usually breached after the date set for performance.
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In a bilateral contract, the offeree's promise is the acceptance.
Under the common law, unforeseen hardships that occur after the contract is made and
make performance more difficult will discharge the contract.
____________________ parties are conditionally liable for payment of negotiable
instruments.
The ____________________ allows the mortgagor to pay the balance due on the
mortgage before the end of the mortgage term without a penalty.

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