Answer the following 4 questions

Business Finance

Watch this video and answer the following questions: https://www.youtube.com/watch?reload=9&v=C4Uc-cztsJo&t=41s

1.) If James and Kamanda had reached a void agreement that included conditions, then Kamanda would have had to give James the toaster if the conditions were satisfied.

A. True

B. False

2.) Did James effectively accept Kamanda’s offer to enter into a contract by emailing the response “I’m in”?

A. True

B. False

One may have a lawyer draft a contract, however, careful proofreading may catch an obvious error that can invalidate a contract or make it hard to enforce. This assignment asks you to carefully read the sentences from contracts that were “busts” and correct the error.

1.) You received an e-mail quoting this provision from a loan document: “On January 1 of each year during the term of the Loan, Borrower shall furnish and supply Lender each of the Lender’s monthly bank statements for the preceding twelve (12) months.”

A. no correction necessary

B. The first word “Borrower” should be changed to “Lender”

C. The second word “Lender’s” should be changed to “Borrower’s”

D. none of the above

2.) “LESSEE will not assign this Lease or underlet the Leased Premises or any part thereof without the LESSEE’s written consent, which consent must not be unreasonably withheld by LESSOR.”

There are no errors in this sentence.

A. True

B. False


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