Contract Questions

319 martin stores inc decided to sell a portion of its

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Unformatted text preview: Mark would help his cause by accurately pointing out which of the following to the loan shark? a. Mark’s payment to the loan shark was a gift to Steve. b. Mark’s payment to the loan shark was a gift to the shark. c. Mark’s payment to the loan shark was a payment of a moral obligation. d. Mark’s payment to the shark was a legal detriment to Mark. 319. Martin Stores, Inc., decided to sell a portion of its eight-acre property. Consequently, the president of Martin wrote several prospective buyers the following letter: Dear Sir: We are sending this notice to several prospective buyers because we are interested in selling four acres of our property located in downtown Metropolis. If you are interested, please communicate with me at the above address. Don’t bother to reply unless you are thinking in terms of at least $100,000. James Martin, President a. b. c. d. Under the circumstances, which of the following is correct? The statute of frauds does not apply because the real property be...
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This test prep was uploaded on 03/29/2014 for the course BUL 3130 taught by Professor Schupp during the Fall '12 term at UNF.

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