Matching Type 1. If a duly authorized agent acts in accordance with…

Question Answered step-by-step Matching Type 1. If a duly authorized agent acts in accordance with… Matching Type1. If a duly authorized agent acts in accordance with the orders of the principal, the latter cannot set up the _______ of the agent as to circumstance whereof he himself was, or ought to have been, aware.2. By ________ a person, called the guarantor, binds himself to the creditor to fulfill the obligation of the principal debtor in case the latter should fail to do so.3. A ________ is one wherein the delivery is made by the will of the depositor.4. A _____________ is a written document or instrument which embodies the acts to be performed by the agent for and in behalf of the principal.5. The agency shall remain in full force and effect even after the death of the principal, if it has been constituted in the ______ of the latter and of the agent.6. A contract of sale is an onerous contract because of the ______ imposed upon the parties in consequence of the contract.7. A payment is made in __________ when it is made at or after the maturity of the instrument to the holder thereof in good faith and without notice that his title is defective.8. A contract of sale is ___________ when it is not subject to any condition or contingency in order to effect the transfer of ownership of the thing upon its delivery to the vendee.9. By the contract of _______ the creditor acquires the right to receive the fruit of an immovable of his debtor, with the obligation to apply them to them to the payment of the interest, if owing and thereafter to the principal of his credit.10. A warehouseman having a valid against the person demanding the goods may refuse to deliver the goods to him until the lien is satisfied.11. An agency couched in general terms shall compromise only acts of ____.12. Every negotiable instrument is payable at the time fixed therein without ___.13. Contracts without special names or designations are referred to as _____.14. The object or subject matter of a contract of sale must be a ______ thing.15. A special kind of a bill or exchange drawn on a bank payable on demand is a ____________. a. lienb. burdenc. checkd. absolutee. common interestf. determinateg. voluntary deposith. innominatei. antichresis j. guaranty k. graceL. administration or managementm. ignorancen. due course o. power of attorney  1.As a rule, an inland bill of exchange is subject to protest when dishonored for non-acceptance or non-payment.Select one:TrueFalse2. form as may be required by law.Select one:a. A requirement in which an instrument to be negotiable must conformb. A condition in which a holder in due course is a holder who has taken the instrumentc. Essential requisites/elements of agencyd. Modes of effecting contructive delivery3. The general rule is that the agent must advance the necessary funds to carry out the agency.Select one:TrueFalse4. that he became the holder of it before it was overdue, and without notice that it had been previously dishonored, if such was the fact.Select one:a. A condition in which a holder in due course is a holder who has taken the instrumentb. Modes of effecting contructive deliveryc. Essential requisites/elements of agencyd. A requirement in which an instrument to be negotiable must conform5. by symbolic delivery or traditio symbolicaSelect one:a. Modes of effecting contructive deliveryb. A condition in which a holder in due course is a holder who has taken the instrumentc. A requirement in which an instrument to be negotiable must conformd. Essential requisites/elements of agency6. Where an endorsement is conditional, the party required to pay the instrument may disregard the condition, and make payment to the endorsee or his transferee whether the condition has been fulfilled or not.Select one:TrueFalse7. It must be in writing and signed by the maker or drawer.Select one:a. Essential requisites/elements of agencyb. A condition in which a holder in due course is a holder who has taken the instrumentc. Modes of effecting contructive deliveryd. A requirement in which an instrument to be negotiable must conform8. It must be payable on demand, or at a fixed or determinable future time.Select one:a. Essential requisites/elements of agencyb. A condition in which a holder in due course is a holder who has taken the instrumentc. A requirement in which an instrument to be negotiable must conformd. Modes of effecting contructive delivery9. consent of the contracting partiesSelect one:a. Essential requisites/elements of agencyb. A requirement in which an instrument to be negotiable must conformc. A condition in which a holder in due course is a holder who has taken the instrumentd. Modes of effecting contructive delivery10. The negotiable character of an instrument is impaired by qualified endorsement.Select one:TrueFalse11. that he took it in good faith and for valueSelect one:a. Essential requisites/elements of agencyb. A condition in which a holder in due course is a holder who has taken the instrumentc. A requirement in which an instrument to be negotiable must conformd. Modes of effecting contructive delivery12. Traditio longa manu is the opposite of traditio brevi manu.Select one:TrueFalse13. It must be payable to order or bearer.Select one:a. A requirement in which an instrument to be negotiable must conformb. A condition in which a holder in due course is a holder who has taken the instrumentc. Essential requisites/elements of agencyd. Modes of effecting contructive delivery14. by tradition constitutum possessoriumSelect one:a. A condition in which a holder in due course is a holder who has taken the instrumentb. Essential requisites/elements of agencyc. A requirement in which an instrument to be negotiable must conformd. Modes of effecting contructive delivery15. object certain which is the subject matter of the contractSelect one:a. A requirement in which an instrument to be negotiable must conformb. A condition in which a holder in due course is a holder who has taken the instrumentc. Essential requisites/elements of agencyd. Modes of effecting contructive delivery  Law Social Science Tax law ACCOUNTING ACC 500 Share QuestionEmailCopy link Comments (0)