Which of the following is an example of a bilateral contract?
A) I promise to pay you $500 if you will create a website for me and you promise to create the website within 2 weeks.
B) You and I contribute $500 each as collateral for a new business that will create websites for small businesses.
C) You create a website for me and I promise to pay you $500 for the work within 2 weeks.
D) All of the above
Correct Answer:
Verified
Q17: If a contract is void ab initio
Q18: The parties to a simple contract have
Q19: In New South Wales,Queensland,Western Australia and Tasmania,parties
Q20: A contract where one of the parties
Q21: A simple contract may be implied by:
A)a
Q22: Which of the following statements is not
Q24: The formation of a contract between parties
Q25: An executed contract is one where:
A)one or
Q26: Which of the following statements is/are true
Q27: A contract where one or both parties
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