Question: True or False: As well as express terms, the terms of a contract may consist of implied terms

True or False: As well as express terms, the terms of a contract may consist of implied terms

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

1/ All promises if accepted are a contract. Group of answer choices True False 2/ Parties may enter into a contract for any agreement providing the subject matter of the agreement is legal and the...

Q:

Question 1 5 pts Contracts are legally enforceable promises that, if breached, result in compensable damages. Group of answer choices True False Flag question: Question 2 Question 2 5 pts Parties may...

Q:

Basic Business law true and false questions business law practice questions. true or false A contract involving an interest in land must be in writing to be enforceable. Consequential damages are...

Q:

1) Explain the Selective Tender. Identify the common criteria the client look into in Selective Tender. (15 Marks) (CLO4:PLO5:C2) QUESTION 4 a) The Contract Act 1950 does not contain any provision,...

Q:

True or False. Explain? 21/ A condition subsequent is an example of contract being ended by agreement 22/ A condition precedent is an example of a contract being ended by agreement 23/ A breach of...

Q:

The term disaffirmation refers to: A) the indication by an adult that a contract made while a minor is binding. B) the process of executing terms of a contract in an unscrupulous manner. C)...

Q:

PART 3 - EVALUATION OF PROPOSALS Schools should ensure that instructions to proponents are clear and descriptive and relate to the information needed in each area for evaluation purposes. For...

Q:

CASE 1 Ann owns a shop selling prints. She placed an advertisement in the Friday edition of her local paper stating: 'Unique opportunity to own an original Bell print for 500 cash. One only...

Q:

Vendor and Purchaser 2 Tutorial Questions Tutorial 2 Modules 2 Module 2: Inquiries and Affectations Question 1 At what stage must a proposal reach before it can be said to have come into existence?...

Q:

Please solve the mutiple-choice questions in the word doc. INTRODUCTION: Commercial Paper & Agency Commercial Paper Commercial paper (under the category of negotiable instruments) is a document...

Q:

Flick and Flack are two companies that sell identical products. They are located in different parts of the same city. During September, Flick sold $24,000 of goods, while Flack sold $18,000. Flicks...

Q:

A hospital employee is paid $6.95/hour. Compliant Noncompliant

Q:

Exercise 4 - 5 ( Algo ) Calculate the amount of cash to report ( LO 4 - 3 ) Below are several amounts reported at the end of the year. \ table [ [ Currency located at the company,$ 9 5 0

Q:

P-1) (100 Pts.) A chemical manufacturing company (CMC) has a contract for the procurement of the neccssaly chemicals from four suppliers. The chemicals purchased from Supplier A are priced at $20...

Q:

6-7 Why is big data so interesting to businesses? What challenges does big data present?

Q:

6-10 In this exercise, you will use database software to design a database for managing inventory for a small business. Sylvesters Bike Shop, located in San Francisco, California, sells road,...

Q:

6-12 In MyMISLab, you will find a Collaboration and Teamwork Project dealing with the concepts in this chapter. You will be able to use Google Drive, Google Docs, Google Sites, Google+, or other open...