[SOLVED] Contract Assignment Part B This Quiz Assignment is based on the Residential House Lease and the Sale of Goods contract . These are all objective style questions . You need to read the the two pages and then answer the question.
Im trying to learn for my Business Law class and Im stuck. Can you help?
1. Who is the responsible party for the maintenance of smoke detection devices within the subject premises?
A. Tenant, B. Landlord, C. Neither, D. No answer text provided.
2. Who is the responsible party for maintaining personal property insurance, if any, within the subject premises?
A. Tenant, B. Landlord, C. Neither, D. No answer text provided.
3. Does the Tenant need permission to repaint the inside of the building?
A. No, B. Yes
4. Can the Tenant use part of the security deposit as payment for rent?
A. No, B. Yes, C. Not addressed in the lease
5. If the Tenant wishes to sublet all or part of the house, does the Tenant need any permissions?
A. No, B. Yes, C. Not addressed in the lease
6. The refrigerator breaks 8 months into the lease after the tenant froze the compressor by turning the temperature to its maximum setting. Pursuant to the Lease, who is responsible for fixing it?
A. Landlord, B. Tenant, C. No answer text provided.
7. Does this contract have a Force Majeure clause?
A. No, B. Yes, C. Not addressed in the lease
8. What is the collateral covered by this contract?
a. the payment price, b. the Goods, c. the Goods and any proceeds, d. there is no collateral
9. One of the duties required of the Buyer under this contract is
a. to deliver the goods to Pussycat Alley in the City of Deliah, b. Pay the purchase price of $10,000, c. delegate acceptance of the goods to a third party, d. None of the above
10. Who should carry insurance on the goods until they are received by the Buyer?
a. Buyer, b. Seller, c. neither, D. No answer text provided.
11. This contract has a choice of law clause?
a. yes, b. no, c. not stated, d. No answer text provided.
12. The Statute of Frauds applies to this contract.
A. True, B. False
