c. three (3), assuming that the creditors€ unsecured claims total at least $14,425
d. three (3), assuming that the creditors€ secured claims total at least $15,575
An oral contract to sell a house is binding if:
a. the agreement is witnessed by a member of the clergy.
b. there is a tape recording of the agreement.
c. the buyer paid the price and received the deed of conveyance.
d. the seller is a merchant.
Which of the following does not result in dissolution of the partnership by operation of
law?
a. The expulsion of a partner.
b. Bankruptcy of the partnership or of one of the partners.
c. The death of a partner.
d. All of these will result in dissolution of the partnership by operation of law.