July 2014 MBE Fine Points Forum

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bigstumpdriver

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Re: July 2014 MBE Fine Points

Post by bigstumpdriver » Wed Jul 23, 2014 9:24 am

Firm offer is open for 90 days if there is no time limit stated in the offer. If a merchant says a firm offer will be open for longer (a year) it can be accepted at any time during that period. There is only a limit here based on the ability to revoke, which kicks in at 90 days.

The Egyptian

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Re: July 2014 MBE Fine Points

Post by The Egyptian » Wed Jul 23, 2014 4:50 pm

Kidnapping someone with the purpose of committing other offense is sometimes defined as aggravated kidnapping

Law-So-Hard

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Re: July 2014 MBE Fine Points

Post by Law-So-Hard » Wed Jul 23, 2014 7:27 pm

The "inverse order of alienation" rule applies when a mortgaged tract of land is "sold off" or conveyed in parcels and the various grantees pay full value to the mortgagor without getting a release from the mortgagee. Upon default, if the mortgagee forecloses, the "inverse order" rule will require the mortgagee to proceed first against the lands still owned by the mortgagor, and then proceed against the other parcels in the inverse order in which they were old until the mortgage is fully satisfied.

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