Mrs. O'Leary hired Jenna to sell her house in Michigan. She executed a power of attorney in favor of Jenna authorizing her to do "anything and everything associated with the sale of real estate, acting as a prudent person." On May 30, Jenna finalized a deal with Brandon for the purchase of the house. Brandon and Jenna signed the real estate contract that day. Jenna learned the next day that Mrs. O'Leary had died May 29:
a. The contract is void since the agency terminated May
29.b. The contract is valid since the agency’s purpose was achieved before Jenna was notified of Mrs. O'Leary's death.
c. The contract is voidable at the option of Mrs. O'Leary's estate.
d. The contract is voidable at the option of Brandon.
Answers: 2
Other questions on the subject: Business
Business, 21.06.2019 20:30, Juniyahodge
He management's discussion and analysis (md& a) required in general purpose federal financial reporting is different than that required by gasb of state and local governments in that: a. it includes information about the agency's performance goals and results in addition to financial activities. b. it is outside the general purpose federal financial report and is optional, not required. c. it is a part of the basic financial statements and, as a result, it is audited along with the financial statements. d. there are no significant differences.
Answers: 2
Business, 22.06.2019 13:10, kell22wolf
Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the company’s monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.
Answers: 3
Business, 22.06.2019 14:00, bosskid361
Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate
Answers: 1
Business, 22.06.2019 15:50, fireemblam101ovu1gt
Evaluate a real situation between two economic actors; it could be any scenario: two competing businesses, two countries in negotiations, two kids trading baseball cards, you and another person involved in an exchange or anything else. use game theory to analyze the situation and the outcome (or potential outcome). be sure to explain the incentives, benefits and risks each face.
Answers: 1
Do you know the correct answer?
Mrs. O'Leary hired Jenna to sell her house in Michigan. She executed a power of attorney in favor of...
Questions in other subjects:
History, 24.01.2020 22:31
Social Studies, 24.01.2020 22:31
Mathematics, 24.01.2020 22:31
