Most offers and contracts set forth ________ terms that identify the parties,the subject matter of the contract,the consideration to be paid by the parties,and the time of performance.

Question

Quizplus · Accepted Answer

Express terms are explicitly stated in the offer or contract, and they include the key details of the agreement, such as the identity of the parties, the subject matter, the consideration, and the time of performance. Conditional, hypothetical, implied, or subjective terms may also be present in a contract, but they are not the primary focus of the agreement and are usually tied to the express terms. Therefore, C) express is the best choice for the given statement.

Most Offers and Contracts Set Forth ________ Terms That Identify