Agreements , Law Of Contract
- Created by: Janelle101
- Created on: 04-01-21 18:55
Other questions in this quiz
2. What are Unilateral agreements ?
- Consists of a promise in exchange for an act.
- Consists of a bound between both parties on the exchange of promises which is yet to be done.
- Consists of a promise in exchange for an act. It follows that only one party is bound at the outset by a promise. The other's acceptance is the performance of the requested act.
- Consists of a promise in exchange for an act. It follows that both parties is bound at the outset by a promise.
3. What is an offer?
- A definite promise
- A definite promise to be bound
- A indefinite promise to be bound
- A promise
4. What is a Contract ?
- A legally enforceable agreement
- A agreement
- A agreement which doesn't need to be enforced by the law.
- A written document
5. What are Bilateral agreements ?
- Both parties are bound on the exchange of promises, although there has yet to be any performance of those promises.
- Both parties are bound on the exchange of promises.
- One party is bound on the exchange of parties, although there has yet to be any performance of those promises.
- Both Parties are bound on the exchange of promises, the performance of these are already done.
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