Other

Question 1

TIRED: An offer expires when it gets TIRED

Answer 1

T: Time after offer’s made or after expressly state in offer
I: Mental Incapacity or Death of offeror or offeree
R: Revocation of offer communicated to offeree before accepted
E: Express or Implied Rejection Communicated to Offeror.
D: Destruction of the subject matter of offer or intervening illegality terminates offer by operation of law.

Question 2

Formalities of a will:

Answer 2

(picture that the person who died suffered from lung cancer) Why I Won’t Smoke Again

Writing 
Intent
Witness
Signed
Age

Question 3

Why do we have secured transactions?

Answer 3

Creditor seeks to protect himself from DOTS:
· Debtor
· Other creditors
· Trustee in bankruptcy & judgement creditors
· Subsequent purchaser from debtor

Question 4

For a covenant to run with the land: WITH NV.

Answer 4

Writing, Intent, Touch and concern, Horizontal Privity, Notice, Vertical privity