Examlex
Reference - Lakeside Property. Ronnie agreed to act as the agent of Sue in finding a piece of lakeside property for her at a good price and also in obtaining a loan for her with which to purchase the property. She agreed to pay him $500 for doing so. To assist Ronnie in his duties, Sue disclosed to Ronnie confidential information about her finances and debts. Ronnie decided that he needed help and paid Rick $300 to look for property for Sue. Bruce told Ronnie about a great deal on a piece of lakeside property that Bruce had for sale. In fact, the deal was so good that Ronnie purchased the property for himself. When Sue found out about the property Ronnie bought for himself, she complained to Ronnie. He defended himself on the basis that he was not actually working for Sue when he found out about the deal. At the time, he was playing golf with Bruce. He also told Sue that he had hired Rick for $300 to assist him and that he could not be held liable because he had turned the job over to Rick. He asked Sue for reimbursement of that amount. Sue fired Ronnie threatening to sue him. Ronnie told Sue that he would counterclaim for the $300 owed to Rick. Only after he was fired, Ronnie disclosed to a number of parties information regarding Sue's spending habits which he thought were excessive. Which of the following is the most likely result if Sue sues Ronnie for purchasing the property from Bruce?
Pit Bulls
A general term used to describe various types of dogs with similar physical characteristics, often subject to breed-specific legislation.
Global Trade
The trade of commodities, services, and financial resources between countries or regions.
Legal Issues
Disputes or matters that involve interpretation and application of law in conflict resolution or decision-making processes.
Manufacturers
Entities involved in the process of producing goods from raw materials through various processes, machinery, and operations.
Q6: Reference - Dogs and Formals. Paul owns
Q42: When a contract exists and a principal
Q50: Investor-owners of a corporation are called which
Q51: Which of the following created the Public
Q60: Which of the following is the term
Q74: Reference - High Maintenance. Paul, who runs
Q87: Describe a traveler's check setting forth the
Q97: Reference - Lakeside Property. Ronnie agreed to
Q97: Which of the following is typically a
Q98: According to the UCC, value is consideration.