Examlex

Solved

Which of the Following Is Not a Scenario Amounting to a Contract

question 4

Multiple Choice

Which of the following is not a scenario amounting to a contract for the sale of goods?


Definitions:

Mortgage

A secured loan where property is used as collateral for borrowing money, usually for purchasing real estate.

Transfer

The act of moving assets, rights, or interests from one party to another, which can involve property, securities, or legal rights.

Short Sale

A financial transaction where an investor sells borrowed securities, anticipating a price decline to buy them back at a lower price.

Mortgage Loan

is a type of loan used to purchase or maintain a home, land, or other types of real estate where the borrower agrees to pay back the lender over a period of time, typically through monthly payments.

Related Questions