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Which of the Following Statements Is the Best Definition of a 'Formal

Question 9

Multiple Choice

Which of the following statements is the best definition of a 'formal contract'?


A) A contract that does not require a special form but must have consideration present.
B) A contract created by conduct or the actions of parties.
C) A contract created by written or oral words.
D) A contract that requires a special form or method of creation.

Correct Answer:

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