A contract that results when a promise is exchanged for a promise is called
A) bilateral contract.
B) unilateral contract.
C) express contract.
D) implied contract.
Correct Answer:
Verified
Q11: The party making an offer is called
Q12: A lease is an example of a
A)
Q13: Which of the following are considered to
Q14: When one party to a contract makes
Q15: A real estate contract can be declared
Q17: To be legally competent, a person must
Q18: Assuming that no fraud is intended, what
Q19: In the absence of a special provision
Q20: A meeting of the minds creating enforceable
Q21: A contract can be discharged by novation.
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