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All Contracts Are Agreements, but Not All Agreements Are Contracts

Question 14

Multiple Choice

All contracts are agreements, but not all agreements are contracts. The PRIMARY reason is that:


A) certain agreements cannot be enforced by law.
B) certain agreements cannot be licensed under law.
C) agreements do not fall under any classification of contracts.
D) terms of an agreement usually are different from those of a contract.

Correct Answer:

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