Which federal statute should first federal pay

Assignment Help Business Law and Ethics

Reference no: EM133281866

Question 1. "Grace Zeigler and Harriet Milton entered into a contract for the sale of a parcel of land owned by Zeigler. The terms of the contract were established through negotiations between the parties. The contract did not make any provision for Zeigler to deliver an abstract of title. Zeigler neglected to furnish an abstract at the closing. Milton refused to pay the purchase price at the closing because Zeigler did not supply an abstract. Is Milton's position sound? Where should Milton look to determine whether Zeigler is bound to provide an abstract? What can Milton do to ensure that she receives a clear title?"

Question 2. "Vega applied for and received a conventional mortgage loan from First Federal to finance the purchase of his residence. First Federal's deposits were insured by the Federal Savings and Loan Insurance Corporation (FSLIC). Which federal statute should First Federal pay close attention to before completing its loan agreement with Vega? What obligations are imposed on First Federal by this statute?"

Reference no: EM133281866

Questions Cloud

What might the employer try to argue discharge of drake : On what grounds might the employer try to argue that the discharge of Drake and Keeler was an appropriate (legal) exercise of management's rights?

What are the risks for employees of signing : BUSINESS L 203 Eastern Gateway Community College What are the risks for employees of signing or not signing these agreements

Discuss the legal liability risks around 3rd party risks : LAW 6879 Florida State University Discuss the legal liability risks around 3rd party risks and Provide an example of a good monitoring program for 3rd parties

Describe three different types of agnosia : Describe three different types of agnosia and compare and contrast these deficits in visual perception. What specific injuries might lead to these deficits

Which federal statute should first federal pay : Which federal statute should First Federal pay close attention to before completing its loan agreement with Vega? What obligations are imposed on First Federal

What is your view of president donald trumps use of twitter : What is your view of President Donald Trump's use of Twitter to drive his agenda?

Perform a search in google on supply chain operations : Managing Procurement Risk Case Study - Perform a search in Google on Supply Chain Operations Reference Model (SCOR)

Explain bundled payments can effectively transform care : MHA 628 Ashford University explain bundled payments can effectively transform care because they focus providers on areas where there are unwarranted variations

Describe the basic information about the employee : Discuss employee's experience and concerns in providing customer service using technology with examples.

User Account

All Pages