Long's Department Store contracted to buy 1,000 drop-waist velour dresses in heather gray from Durham. Subsequently, Durham called and asked to ship mink-colored dresses instead of heather gray. Long agreed, in writing, to the change. Which statement is correct?
a. The modification is not enforceable since there was no consideration for the change.
b. The modification is not enforceable since the parties are merchants.
c. The modification is enforceable.
d. Whether the modification is enforceable depends on the gap-filler rule.
c
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A borrower has gone to settlement for a cash-out refinance on Tuesday. The rescission period is over at midnight on Friday. What is the first possible day the loan could fund?
a. Tuesday b. Friday c. Saturday d. Monday, the following week
Which of these is a step in the creation of a BARS scale?
A) re-sorting incidents into dimensions B) counting how many critical incidents fit into each dimension C) surveying applicants to see if they like the scale D) rating the social desirability of each item