LAW 882

subject Type Homework Help
subject Pages 2
subject Words 177
subject Authors Arnold J. Goldman, William D. Sigismond

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page-pf1
A minor may disaffirm or ratify a portion of an agreement.
Fram signed a contract to sell his home to Mills, with possession to be given on May 1.
If Mills cannot obtain a mortgage by May 1 and the contract is silent about this, can
Fram force Mills to close the transaction on May 1?
A common carrier is one that transports goods or passengers for anyone who wishes to
hire it.
Monroe applied for a loan at the First National Bank. The bank denied the loan because
Monroe had a history of not paying his bills. What are Monroe's rights?
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The deposit a buyer makes when a contract of sale is signed is called escrow.

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