Incorrect 0/1 pts Question 3 A gift is not a contract because: it lacks offer and acceptance. It lacks consideration It lacks an intention to create legal relations. It lacks an invitation to treat Incorrect Question 4 0/1 pts Implied terms: are never expressed in a contract. are unenforceable unless they are approved in advance by the court, are unenforceable unless they are recorded in writing must be expressed in a contract are disallowed by the courts as they create vagueness and uncertainty