Solved

A 'Collateral Contract' Is

Question 29

Multiple Choice

A 'collateral contract' is:


A) a secondary contract, the consideration for which is the entry into the main contract.
B) one of a number of contracts entered into by the same parties at the same time.
C) a contract entered into by immediate family members.
D) a contract where the payment for the goods is to be made by way of instalments.

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