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Fungible goods are always homogeneous.
The trustee may void any fraudulent transfer made by the debtor within two (2) years of
bankruptcy when the debtor€s actual intent was to hinder, delay, or defraud creditors
by engaging in the transfer.
At common law, the occupier of land owed the same duty to both licensees and invitees.
Shares of stock that have been issued to stockholders in a corporation are said to be
outstanding.
A revocation of an offer is ordinarily effective only when it is communicated to the
offeree.
A will is very informal and may be created in any reasonable manner.
Gonzalez Manufacturing negotiated by telephone to purchase approximately $7,000
worth of digital video recorders from Video Imports. The final details were worked out
by telephone calls on April 2nd. On April 4th, Video sent Gonzalez a confirmation of
their telephone agreement, which included pertinent details. Meanwhile, on April 3rd,
Gonzalez was offered a better deal than Video's and accepted it. Upon arrival of the
confirmation on April 6th, Gonzalez ignored it and did nothing further until May 1st,
the date before Video was to deliver. On May 1st, Gonzalez informed Video that their
contract was an unenforceable oral contract and that delivery would not be
accepted.When attempts to amicably settle the matter failed, Video sued Gonzalez for
breach of contract. Decide.
