Fact Pattern 23-2

question 28

Multiple Choice

Fact Pattern 23-2
Luann and Mace are partners in Networx, a computer peripherals firm.
-Refer to Fact Pattern 23-2.Luann signs a contract with Oleo Chips,a retail component supplier,apparently on Networx's behalf.The contract is binding on

• A)Luann,Mace,and Networx.
• B)Luann only.
• C)Networx only.
• D)Oleo only.

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Definitions:

Boiling Point

The temperature at which a liquid's vapor pressure equals the external pressure surrounding the liquid, causing it to change into a vapor.

Accelerants

Substances used to increase the speed at which fire spreads.

Crude Oil

A naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials.