Fact Pattern 37-2 Kristin and Lindsey Are Partners in Mobile Devise, an Online

question 29

Multiple Choice

Fact Pattern 37-2
Kristin and Lindsey are partners in Mobile Devise, an online marketing firm.
-Refer to Fact Pattern 37-2. Kristin signs a contract with Nature's Best Chocolate, a candy maker, apparently on Mobile's behalf. The contract is binding on

• A) ​Kristin, Lindsey, and Mobile.
• B) ​Kristin only.
• C) ​Mobile only.
• D) ​Nature's Best only.

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Definitions:

Premium

The amount paid for insurance coverage or an additional cost for higher-quality services or products.

Specified Period

A clearly defined duration of time, set out in an agreement, contract, or statute, during which certain actions can take place or conditions apply.

Real Estate Sales Agreement

A legally binding contract between a buyer and a seller outlining the terms and conditions of the sale of real property.

Legal Description

A precise way of describing a piece of land in legal documents.