The person or institution granting a loan on real property is called the
____________________.
Is it true with the assignment of a personal right that all parties involved must agree to
the transfer? If so, why?
If the offeror sells the subject of the offer to another person, the offer is ended by
____________________.
Colt saw a commercial by a car manufacturer on TV that claimed one of its new
models, the Vogue, averaged 45 miles to a gallon on the highway. He went to the Kan
Car Dealership and purchased a Vogue but never asked about the manufacturer’s
statement regarding the mileage claim. A short time after his purchase, he discovered
the car would only get 30 miles to the gallon on the highway. Colt returned to the dealer
and claimed breach of an express warranty on the part of the manufacturer and the car
dealership based on the TV commercial. Is Colt correct?