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- Which of the following is not one of the three types of Agreement that lack Consideration? Select one: O a. illusory O b. pre-existing duty O c. past consideration O d. covenant not to sueAssume that the parcels are essentially identical and that the minimum selling price of each is $575,000. The following table states each person's willingness and ability to purchase a parcel. Willingness and Ability to Purchase Person (Dollars) Andrew 520,000 A-Z Beth 510,000 Lorenzo 750,000 Neha 660,000 Sam 600,000 Teresa 550,000 Which of these people will buy one of the three beachfront parcels? Check all that apply. O Andrew Beth O Lorenzo O Neha O Sam O Teresa Assume that the three beachfront parcels are sold to the people that you indicated in the previous section. Suppose that a few days after the last of those beachfront parcels is sold, another essentially identical beachfront parcel becomes available for sale at a minimum price of $535,000. This fourth will nurchase it from the seller for at least the minimum ncice be sold because parcel MacBook Air F12 O O OThe HR department is trying to fill a vacantposition for a job with a small talent pool. Validapplications arrive every week or so, and theapplicants all seem to bring different levels ofexpertise. For each applicant, the HR managergathers information by trying to verify variousclaims on resumes, but some doubt about fitalways lingers when a decision to hire or not isto be made. What are the Type I and II decision error costs? Which decision error is more likely tobe discovered by the CEO? How does this affectthe HR manager’s hiring decisions?
- q 15 q16 neededMr Kassim a divorcee promised his former wife a monthly allowance of N10,000 for her maintenance. Consider if there is an intention to create legal relations or not?A grandmother leaves all of her assets to a charity except three items. She leaves her house, a car, and a diamond ring to her 3 grandchildren. Divide up the assets using the Sealed Bids method. Each grandchild honestly and independently places the following bids in thousands of dollars. How much does each grandchild receive in the final settlement? Grandchild 1 Grandchild 2 Grandchild 3 House Car Ring O a O b Oc Od 160 3 171 6 4 Grandchild 1 receives $112,000 Grandchild 2 receives house and ring and pays $230,000 Grandchild 3 receives the car and receives $74,000 Grandchild 1 receives $126,666.67 Grandchild 2 receives house and receives 215,333.33 Grandchild 3 receives the car and receives $74,000 Grandchild 1 receives the ring and receives $120,000 Grandchild 2 receives house and pays 222,000 Grandchild 3 receives the car and receives $82,000 Grandchild 1 receives $126,666.67 Grandchild 2 receives house and ring and pays $215,333.33 Grandchild 3 receives the car and receives…
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