Examlex
Robert has worked hard and put in a lot of hours as a lawyer. Recently, his boss offered him partnership in the law firm where he works. Which of the following best describes Robert's status as a new partner in the law firm?
Prime Vacant Land
Land in a highly coveted location that is undeveloped and offers great potential for investment, construction, or development due to its desirable characteristics.
Enforceable Contract
A legal agreement between parties that is valid under the law and therefore can be upheld in a court of law.
Legal Consideration
Legal consideration involves something of value that is exchanged between parties in a contract, making the agreement legally enforceable.
Lease Option
A contract that permits a party to lease real property while holding an option to purchase that property.
Q1: Historically, there have been occasions where social
Q3: Critical theorists assert that negativity in the
Q10: G.H. Mead suggested that the ability to
Q11: An academically outstanding First Nations boy is
Q27: Why was estate agriculture more of an
Q65: A young, monogamous, gay couple are open
Q85: About 10 percent of Canadians are classified
Q89: What are horizontal integration and vertical integration?
Q95: Newspaper circulation is declining, especially in Ontario.
Q114: A young Marine manned a helicopter machine