In which of the following cases, will the presumption of no intention to create legal
relations arise?
A) an agreement for the sale of a motor car entered into by two brothers
B) an agreement for the sale of a house entered into by two life long best friends, both of whom are realtors.
C) An agreement for the sale of a painting entered into between two sisters
D) a lease agreement entered into between a mother and her son
E) All of the above
E
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Possible negative amortization resulting from a rise in the interest rate on a adjustable rate mortgage may be avoided by
A) raising the rate cap. B) lowering the payment cap. C) shortening the term of the mortgage. D) increasing the monthly payment.
The entity integrity rule states that:
A) no primary key attribute can be null. B) referential integrity must be maintained across all entities. C) each entity must have a primary key. D) a primary key must have only one attribute.