Ruth, an agent, was asked by her principal to also sign a contract involving the sale of
merchandise to Flower. If the contract is breached, may Flower sue both Ruth and her
principal for damages?
Part of the purchase price you pay for goods includes the cost of the warranty.
The receipt a consignor receives upon shipping goods is a(n) ____________________.
Friday failed to take seriously a lawsuit filed against him by Ranger. He completely
ignored the papers describing the case and the request made by Ranger’s attorney
directing him to appear in court and answer the allegations made by Ranger. Because of
Friday’s course of action, Ranger’s attorney entered the proper papers in court allowing
the case to proceed on evidence presented by Ranger alone. Friday claims that this
procedure by Ranger’s attorney was improper, since he (Friday) was not given the
opportunity to defend himself in court. Is Friday correct?
If the payee or a holder has a check certified, the drawer is released from all liability for
payment.
A guaranty requires consideration to be enforceable.
A(n) ____________________ is a person hired to do a specific job but not subject to
the direction or control of the hirer.
Able offers to sell his used motorcycle to Grimes for $500. Since Able made the offer to
sell, he is referred to as the ____________________.
A person who uses ____________________ to resolve a dispute will meet with an
impartial third person who assists in reaching a compromise.