Question 6

The difference between an express contract and an implied in fact contract is the manner in which the parties manifest assent.

Group of answer choices

True

False

Question 7

Ronald says to Evan, "If you design and build my back deck according to these specifications by the time I return from California in 6 weeks, I will pay you $5,000." Evan does not respond but has the landscaping done by the time Ronald returns. This is an example of a unilateral contract.

Group of answer choices

True

False

Question 8

A promisee is the person making a promise.

Group of answer choices

True

False

Question 9

A contract is a binding agreement that the courts will enforce.

Group of answer choices

True

False

Question 10

Samuel Tate enters into a contract with Bill Smith under the terms of which Smith is to pay Tate $7,000 and Tate is to build a garage, repair a boat, and build a doghouse. If the doghouse has not yet been built, which term describes the type of contract in existence?

Group of answer choices

Quasi contract.

Executed contract.

Illusory contract.

Executory contract.