Hank Sold Three Properties for Mr

question 120

Multiple Choice

Hank sold three properties for Mr. W and was paid his commission for the first property, but not for the last two. Hank has done everything according to the contract and according to the relevant statutes, but Mr. W will not pay. Hank knows that Mr. W has a bank account with the Bank of Toronto and has money owed to him from a Mr. Gregory. If Hank successfully sues Mr. W., which of the following would be false?

• A) The lawsuit commenced by Hank against Mr. W would be for breach of contract.
• B) Hank could force the bank to pay into court an amount of money from Mr. W's account to satisfy the debt.
• C) Hank could personally seize the property of Mr. Gregory to satisfy the debt.
• D) Hank could have a government-authorized official seize enough of Mr. W's goods to satisfy the judgment debt.
• E) Hank could examine Mr. W under oath to determine what assets he has.

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Definitions:

Pessimism

A predisposition towards perceiving the most negative aspects of situations, or an expectation that adverse outcomes will occur, accompanied by a deficiency in optimism or faith in what is to come.

Values

The beliefs and principles that guide an individual's behavior and decision-making processes.

Terminal Values

End-goals or objectives in life that individuals strive to achieve, often related to personal fulfillment, success, and well-being.

Instrumental Values

Values that are regarded as a means to an end, guiding how we achieve our goals and interact with others.