Student Loan:
- borrowed money that needs to be repaid
- part of credit history
Grant or Scholarship
- given on the basis of financial need
- Given based on academic achievement and financial need
The major difference between loans and scholarships is that loans will have to be repaid and scholarships do not.
Answer: No, Paul has not breached a contract.
Explanation: To answer this, we must first we must define what a contract is.
A contract is an agreement between two or more people that is legally binding, and which guides or governs the actions or conducts of the parties involved.
A quality that makes a contract legally binding is that it is enforceable by law.
In the scenario given in the question above, Paul has not breached any contract because there isn't one. The promise to buy dinner has not been legally bound, therefore, it is not enforceable by law, in essence, it is not qualified to be called a contract.
Answer:
The Dependent or the Beneficiary collect $1000 every month pay income tax
Explanation:
Bonita is the policyholder that pay premium .
The mother is the dependent and the beneficiary ,who takes the trust monthly
The bank is the trustee that disburse the trust fund to the beneficiary month .
Answer:
A
Explanation:
Allow the minor to cancel the contract
