Rich, a Contractor, Has a Contract with Ron, a Realtor

question 46

True/False

Rich, a contractor, has a contract with Ron, a realtor, to construct a new condominium complex.The contract provides that Rich must furnish a certificate of occupancy and conformity with the local fire code before Ron has an obligation to pay.The furnishing of the certificate is an implied-in-fact condition subsequent to the construction of the building.

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Definitions:

Assign The Right

The act of transferring one's legal rights or responsibilities to another party.

Fair Housing Act

A landmark U.S. law enacted in 1968 to prevent discrimination in the sale, rental, and financing of housing based on race, religion, national origin, sex, (and as amended) disability and family status.

Reasonable Accommodation

Modification or adjustment to a job, work environment, or the way things are usually done during the hiring process, aimed at enabling a person with a disability to enjoy equal employment opportunities.

Negligence

Behavior that creates an unreasonable risk of harm to others.