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    Legal Environment of Business
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    Exam 9: Formation and Requirements of Contracts
  5. Question
    An Oral Agreement to Purchase a Neighbor's Bicycle for $250
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An Oral Agreement to Purchase a Neighbor's Bicycle for $250

Question 32

Question 32

Multiple Choice

An oral agreement to purchase a neighbor's bicycle for $250 is a(n) ________ contract.


A) void
B) voidable
C) implied
D) express

Correct Answer:

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