Multiple Choice
Which of the following is true of an output contract under common law?
A) It is valid so long as there is a writing setting forth the terms signed by the offeror.
B) It is valid so long as there is a writing setting forth the terms signed by the offeree.
C) It is valid so long as there is a writing setting forth the terms signed by the offeror and the offeree.
D) It is valid so long as more than nominal consideration is provided.
E) It is not valid because of the lack of consideration.
Correct Answer:
Verified
Correct Answer:
Verified
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