The Restatement (2d) of Contracts defines a promise as:
A) the refusal [of a party] to act or refrain from acting in a specified manner
B) an unwritten agreement [of a party] to act or refrain from acting in a specified manner
C) a vague understanding between parties not to act in a specified manner
D) the positive intention of a party not to act in a specified manner
E) none of the other choices are correct
Correct Answer:
Verified
Q212: A binding promise is:
A) a contract by
Q213: If a party fails to perform a
Q214: The Uniform Commercial Code (UCC) was designed
Q215: Modern definitions of contracts center on:
A) lex
Q216: Modern definitions of contracts center on:
A) a
Q218: A binding promise may be defined as:
A)
Q219: Contract law governs the enforceability of:
A) the
Q220: The code that was designed to promote
Q221: The basic elements of a contract include
Q222: The basic elements of a contract include
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