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On January 16,Deb Offers to Sell Her Waterbed to Colleen

Question 28

Multiple Choice

On January 16,Deb offers to sell her waterbed to Colleen for $600.Colleen accepts and agrees to pay Deb $600 on January 27.Which of the following is correct?


A) Until January 16, the contract was executory.
B) On January 16, the contract was executed.
C) This contract is a unilateral contract.
D) There is no contract until January 27.

Correct Answer:

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