Developer and Owner contract to develop and sell Owner's land as an upscale subdivision built around...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Developer and Owner contract to develop and sell Owner's land as an upscale subdivision built around a golf course. The development agreement includes the construction of a model home, which the contract provides will pass to Owner's Daughter when all of the other lots in the subdivision are sold. Developer asks Daughter to choose the carpet and paint colors for the model home, and Daughter sends a thank you note to Owner. If the deal between Developer and Owner falls through, Daughter will: Ob) be able to bring an action to enforce her rights, because Daughter assented to the promised performance. O a) be able to bring an action to enforce her rights, because Daughter relied to her detriment on the promised performance. O c) d) not be able to bring an action to enforce her rights, because Daughter assented to the promised performance using the correct form. not be able to bring an action to enforce her rights, because Daughter is a donee beneficiary. Developer and Owner contract to develop and sell Owner's land as an upscale subdivision built around a golf course. The development agreement includes the construction of a model home, which the contract provides will pass to Owner's Daughter when all of the other lots in the subdivision are sold. Developer asks Daughter to choose the carpet and paint colors for the model home, and Daughter sends a thank you note to Owner. If the deal between Developer and Owner falls through, Daughter will: Ob) be able to bring an action to enforce her rights, because Daughter assented to the promised performance. O a) be able to bring an action to enforce her rights, because Daughter relied to her detriment on the promised performance. O c) d) not be able to bring an action to enforce her rights, because Daughter assented to the promised performance using the correct form. not be able to bring an action to enforce her rights, because Daughter is a donee beneficiary.
Expert Answer:
Answer rating: 100% (QA)
The detailed answer for the above question is provided below The answer is a be able to bring an act... View the full answer
Related Book For
Auditing An International Approach
ISBN: 978-0071051415
6th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
Posted Date:
Students also viewed these law questions
-
Developer and Owner contract to develop and sell Owner's land as an upscale subdivision built around a golf course. When the subdivision is developed, the adjacent land owned by Farmer will...
-
What is a derivative contract? Give an example. How are derivatives related to risk management?
-
(a) Use a graphing utility to graph the equation y = 3x 6. (b) Use the result of part (a) to estimate the x-intercept. (c) Explain how the x-intercept is related to the solution of 3x 6 = 0, as...
-
Waterfun Park, Inc., is a large regional waterpark operator in the southern United States. The following are summarized transactions similar to those that occurred in a recent year. Dollars are in...
-
A uniform magnetic field exists in a cubic volume of space with a \(50-\mathrm{mm}\) side length. If the magnetic energy stored in this volume is \(12 \mathrm{~J}\), what is the magnetic field...
-
Owen and Sonja Cornell are married. They are the parents of two children: Kirsten (born on July 1, 2000) and Ingrid (born on May 17, 2009). Ingrid does not have any income. Kirsten (SIN 805 232 329)...
-
16. A uniform solid right circular cone of base radius R is joined to a uniform solid hemisphere of radius R and of the same density, so as to have a common face. The centre of mass of the composite...
-
Using the below Adjusted Trial Balance, complete Reuben's Cubic Storage Income Statement. Statement of Changes to Owner's Equity and their Balance Sheet. When completing the Statement of Changes in...
-
Show that tanh^-1(x/a) = 1/2 In (a+x/a-x) and evaluate, correct to 4 decimal places, tanh^-1 3/5
-
Credit - explain the benefits and drawbacks of having credit cards. What are the major credit reporting agencies in the U.S.? What is a FICO score? Explain how your credit may impact your financial...
-
Research the subject of strategic decision-making. Identify a business that has made a high profile strategic error that led to failure of the product or the business. 1a. Briefly outline the...
-
Hyperinflation is always the result of high government spending, but high government spending does not necessarily lead to hyperinflation. Which additional problems must be present for hyperinflation...
-
A team that costs $60,000 will allow a profit of $27,000 per year for 5 years. The useful life of the asset is 5 years and its residual value is 0 for accounting purposes (fixed depreciation). The...
-
The book the authors tackle the issue of translating the biblical vision and principles of sustainable living discussed earlier into our modern setting. In chapter 6 the authors outline 8 principles...
-
1) Consider each of the following PID feedback control process responses to a disturbance. Briefly describe or list - what specific concern(s) is/are less than ideal about the control response - what...
-
Give the structural formulas of the alkenes that, on ozonolysis, give: a. (CH3)2C=O and CH2=O b. Only (CH3CH2)2C=O c. CH3CH=O and CH3CH2CH=O d. O=CHCH2CH2CH2CH=O
-
Super Natural Foods Limited manufactures, distributes, and sells all-natural grocery products. Required: Describe three business risks for this company and explain why they are important...
-
Why should auditors think about a compliance assertion that is not listed in the auditing standards about assertions?
-
What production documentation supports the valuation of manufactured finished goods inventory?
-
Based on Exhibit 1, what is the foreign exchange gain resulting from Transaction 3 on the December 31, 2016 fi nancial statements? A . NVK1.70 per ton B . NVK90.75 per ton C . NVK248.54 per ton
-
Which transaction would generate foreign currency transaction exposure for Ambleu? A . Transaction 1 B . Transaction 2 C . Transaction 3
-
Yus determination regarding Transaction 2 should be based on the currency of the: A . loan. B . bank. C . borrower.
Study smarter with the SolutionInn App