Question: ONE A binding promise is: a . central to the modern definition of contracts. b . unimportant in the modern definition of contracts. c .
ONE A binding promise is:
a central to the modern definition of contracts.
b unimportant in the modern definition of contracts.
c not relevant to the modern definition of contracts.
d central to the modern definition of easements.
TWO An Offer is best defined as:
a a manifestation of the intention of a party to act or refrain from acting in a specified manner.
b an unwritten agreement of a party to act or refrain from acting in a specified manner.
c a legally binding understanding between parties not to act in a specified manner that would affect the rights of others.
d the positive intention of a party not to act in a specified manner.
THREE Express contracts occur when:
a the contract is created by more than two parties.
b the contract is created quickly.
c there is a written or oral expression of intent by the parties to enter into a legally binding agreement.
d there is a written or oral expression of intent by the parties to enter into a nonbinding agreement.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
