The concept of a constructive obligation in business law refers to an obligation
A)that may not be explicitly stated in the contract
B)that may have been created through past practice
C)that may be enforceable under common law
D)All of these

Question

Quizplus · Accepted Answer

A constructive obligation can arise in various ways, such as through past practice, implied terms, or even common law. Therefore, all of the options listed (not explicitly stated in the contract, created through past practice, and enforceable under common law) can contribute to the existence of a constructive obligation.

The Concept of a Constructive Obligation in Business Law Refers