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Question
Nathan makes a high bid of $10,000 on an antique chair. He realizes he should not have spent this much money and attempts to withdraw his bid before the auctioneer announces the end of the sale; however, the auctioneer insists that since this auction is without reserve, Nathan may not withdraw his bid. Discuss the case.
Answer
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Related questions
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When a contract subject to CISG exceeds $500 it:
A. is enforceable without the need to be written.
B. must be written to be enforceable.
C. must be written and reviewed by attorneys for both sides.
D. must be written if the value of the contract exceeds ten percent of the net worth of a party.
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The International Criminal Court:
A. uses the prisons of member nations.
B. has jurisdiction over individual defendants.
C. does not have imprisonment as punishment.
D. uses exile and imprisonment in the nation of the victim as punishment.
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The globalized new world order is the only theory that has abandoned the notion that:
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B. NGOs should act as a global police.
C. the nation-state is the primary actor on the global stage.
D. international law has a set of unambiguous goals.
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CISG could apply to a contract between Melinda, a U.S. consumer, and Big Co., a German company.
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Joe, a victim of human rights abuses, may bring a case before the International Court of Justice.
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The UN's power to enforce its decrees is a matter of voluntary acquiescence.
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A. Pure research
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The Copenhagen Accord actually operates outside the jurisdiction of the United Nations.
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Police power is the state's authority to promote public health, safety, welfare, and morals.
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The general welfare clause has been used over the last two centuries to give Congress the power to create a national police force and the FBI.
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B. duty of loyalty
C. duty of proximity
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A. No, since the copies still exist.
B. Yes, since Dai destroyed the original.
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A devisee receives real property under a will.
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