Question: QUESTION 11 The Uniform Commercial Code applies to all contracts. True False 2 points QUESTION 12 Explain what is meant by an implied contract. QUESTION

QUESTION 11

  1. The Uniform Commercial Code applies to all contracts.

    True

    False

2 points

QUESTION 12

  1. Explain what is meant by an implied contract.

QUESTION 13

  1. Generally, silence is not acceptance.

    True

    False

2 points

QUESTION 14

  1. A contract that is voidable is unenforceable by either party.

    True

    False

QUESTION 15

  1. The elements to a contract are agreement, consideration, legality and capicity.

    True

    False

2 points

QUESTION 16

  1. What is the difference between a bilateral and a unilateral contracy

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