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    Exam 4: Contract Law and Restitution: Understanding Consideration, Offers, and Obligations
  5. Question
    Where the Obligation in a Contract Is Outstanding on the Part
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Where the Obligation in a Contract Is Outstanding on the Part

Question 8

Question 8

Multiple Choice

Where the obligation in a contract is outstanding on the part of both parties, it is called


A) void contract
B) illegal agreement
C) valid contract
D) bilateral contract

Correct Answer:

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