Examlex

Solved

Martha Purchases a Book from Just Books on Credit and Later

question 34

Multiple Choice

Martha purchases a book from Just Books on credit and later sells the book to her friend,Christina.Christina in turn sells the book to David,who agrees to pay the balance to Just Books.Who is the creditor beneficiary in this exchange?


Definitions:

Lease Agreement

A contract specifying the terms under which one party agrees to rent property owned by another party.

Rent Control

Government-imposed limits on the amount of rent a landlord can charge for residential housing, aimed at making housing more affordable for tenants.

Security Deposit

A sum of money held by a landlord or lender as a safeguard against damage or non-payment, to be returned or applied appropriately after certain conditions are met.

Navigable Airspace

The space above 1,000 feet over populated areas and above 500 feet over water and unpopulated areas.

Related Questions