Question: A promise or commitment to perform or refrain from performing some specified act in the future is an offer. (A) True (B) False Question 9

A promise or commitment to perform or refrain

A promise or commitment to perform or refrain from performing some specified act in the future is an offer. (A) True (B) False Question 9 Legality. is the lawfulness of an object of a contract. Therefore, when a contract is illegal, it is uneforceable, and if any terms of the contract are unrealistic, it will not go through. (A) True A voluntary acknowledgement made by one party to the other party in a contact is (only one answer is the correct choice) Partial Performance Admission Promissory Estoppel An Intergrated Contract Question 11 An executed contract is one that has been fully performed on both sides. True False Consideration is something of legally sufficient value given in return for a promise and a there must be bargin for exchange True False Question 13 A contract that has not been fully_performed by the parties is a(an): (only one answer is the correct choice) unilateral contract emphaty contact (C) executory contract (D) agreement

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