In January,Eddie Contracts to Sell 100 Bushels of Soybeans in the Fall.This

question 18

Multiple Choice

In January,Eddie contracts to sell 100 bushels of soybeans in the fall.This contract

• A)is void.He cannot contract to sell a crop before it is even planted;the goods must be in existence.
• B)is void.The soybeans must be identified to the contract at the time he contracts to sell them.
• C)can be valid,but title to the soybeans cannot pass until the soybeans exist.
• D)can be valid,and title to the soybeans passes when the contract is signed.

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Definitions:

Chunk Information

A strategy used to break down information into smaller, more manageable parts for easier understanding or recall.

Short-term Memory

The short-duration, limited-capacity memory component in which selected input from the memory store is worked on.

Sensory Memory

A very short-term memory that holds sensory information, allowing individuals to retain impressions of sensory information after the original stimulus has ceased.

Encoded

The process of converting information into a different form or code, usually for the purpose of secrecy, storage, or transmission.