Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Don't know
remaining cards
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Ch 1-2: Personal Ser

Personal Service Contracts

Personal Service Contract A type of contract used to create an employer/employee relationship, such as a seller (the employer) hiring a specific real estate broker (the employee) to market a property.
Assignment Personal service contracts CANNOT be assigned; Appointed agent must perform the tasks required in the agency agreement and can hire employees, assistants, or other agents to assist.
Personal service contract termination Applies when death of either the principal or the agent will terminate the agency relationship.
Death, Incompetency, or Bankruptcy of Either Principal or Agent The note is still valid and the buyer's estate becomes responsible for the remaining balance.
Specific Performance One party asks the court to order the other party to perform as was agreed in the contract. Specific performance can be used as remedy for a breach if a contract is not personal service.
Agency Coupled with an Interest An agent has possession or control of the property of the principal.
Unilateral Performed by or affecting only one person, group, or country involved in a particular situation, without the agreement of another or the others.
Created by: userjoe