Question
In: Operations Management
The beneficiary of a life insurance policy is generally: a. a creditor beneficiary. b. an incidental...
The beneficiary of a life insurance policy is generally: a. a creditor beneficiary. b. an incidental beneficiary. c. a donee beneficiary. d. a debtor beneficiary. Despite the general rule allowing minors to disaffirm their contracts, some states have passed special statutes that make minors liable for which of the following? a. Educational loans. b. Medical and dental expenses. c. Insurance policies. d. All of the above. Which of the following contracts would be governed by the Uniform Commercial Code? a. A contract for the sale of real estate. b. A contract for legal services. c. A contract for the sale of a refrigerator. d. A contract for the purchase of farmland.
Solutions
Expert Solution
1) The beneficiary of a life insurance policy is generally.?
debtor Beneficiary
2) Despite the general rule allowing minors to dis affirm their contracts, some state has passed special statutes that make minors liable for.?
All the above
(Educational loans - Medical and dental expenses - Insurance policies)
3) Contracts to be governed by uniform civil code. [U.C.C]?
A contract for the sale of refrigerator
(note: under U.C.C a sale is a contract in which title of goods passes from the seller to the buyer for a price, and also goods termed all the things that is movable)
keosha answered 2 years agoRelated Solutions
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