In a high-context culture, the presence of a lawyer during business dealing would be considered a sign of ________

Jones conveyed his ranch to Brown using a land contract. The ranch was serviced by a mutual water company, and Jones was a stockholder in the company. The stock which Jones owned was appurtenant to the land. Does Brown have to enter into a separate contract for the stock of the mutual water company:

A: Yes, since stock is always personal property and therefore not included in land contracts; B: No, because land in California cannot be sold without water rights; C: Yes, because real property is not always accompanied by water rights; D: No, because the stock was appurtenant to the land and therefore part of the real property and part of the land contract.

Which of the following statements is FALSE?

A) Future consideration can be valid consideration. B) Past consideration is not valid consideration. C) A contract that is sealed satisfies the courts concern for consideration D) Each party to a contract must receive consideration of equal or similar value. E) Consideration can be in the form of goods, services or money.