Multiple Choice
The ________ theory of contracts holds that the intent to enter into an express or implied-in-fact contract is judged by the ________ person standard.
A) objective; reasonable
B) subjective; reasonable
C) objective; professional
D) subjective; professional
E) objective; subjective
Correct Answer:
Verified
Correct Answer:
Verified
Q13: Contracts are either bilateral or unilateral,depending on
Q83: The Uniform Computer Information Transactions Act was
Q86: An agreement requires an offer by the
Q88: Formal contracts are always in writing.
Q89: An informal contract is also known as
Q92: If a voidable contract is avoided by
Q93: Contracts are voluntarily entered into by parties.
Q94: In order for the United Nations Convention
Q95: A quasi-contract is imposed where one person
Q96: Informal contracts are also referred to as