A distinguishing characteristic of bilateral and unilateral contracts is the method of exchange between the parties.
Correct Answer:
Verified
Q3: All contracts must be
A)archaic.
B)legal.
C)in writing.
D)signed by the
Q4: Consideration can be
A)money.
B)property.
C)services.
D)all of the above.
Q5: Implied in fact contracts are inferred from
Q6: To have a binding contract, which of
Q7: The person who makes the promise is
Q9: An executory contract is a fully performed
Q10: A void contract is one that may
Q11: A formal contract may require which of
Q12: The statute that requires contracts to be
Q13: Consideration is a necessary element in a
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