When a customer asks a merchant to deliver an article to his home with no mention of payment, the buyer implies that he or she will pay the market price of the article when it is delivered or when the bill is presented. This is an illustration of:
A) a simple contract.
B) consideration.
C) an implied contract.
D) a formal contract.
Correct Answer:
Verified
Q30: A telephone conversation can result in a(n):
A)
Q31: The element of consideration in a contract
Q32: Certain contracts, such as those involving the
Q33: Legality of purposes is the requirement that
Q34: In divisible contracts, the law of sales
Q36: A simple contract is not:
A) written.
B) oral.
C)
Q37: An entire contract is also known as
Q38: An offer is a proposal made by
Q39: The requirement that the form of a
Q40: Contracts can be created for:
A) only one
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