Business, 10.03.2020 08:07 ubaldo7410
1. Match the terms to the appropriate definition. Unilateral A contract that requires a special form Informal A contract formed by words Formal A contract formed by the conduct of the parties Bilateral A promise for a promise Implied A contract that requires no special form Express A promise for an act 2. If the offeree can accept the offer with a return promise to perform, then the contract is unilateral. a. True b. False 3. When a person selects the correct lottery ticket numbers, the lottery commission legally required to pay the money. This is an example of a contract. 4. Under the view of revocation, an offeror revoke an offer for a contract if the offeree has performed. Fill in the blanks with words that would best complete the passage. may bilateral substantially traditional not unilateral may not modern 5. Most contracts are in writing and thus are considered formal contracts. a. True b. False 6. Which of the following is not a requirement for an implied contract
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1. Match the terms to the appropriate definition. Unilateral A contract that requires a special form...
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