Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1- Agreement and consideration are two of the four elements of a valid contract. True Or False 2- No contract is enforceable unless it exists

1- Agreement and consideration are two of the four elements of a valid contract. True Or False 2- No contract is enforceable unless it exists in a writing signed by the party against whom enforcement of the contract is sought. True Or False 3- If services are rendered by one person to another without any agreement in place for the services to be provided, the party rendering services may be able to recover the reasonable value of the services provided based on the rules of unjust enrichment or quasi-contract. True or False 4- A unilateral contract consists of an exchange of promises. True Or False 5- An executory contract is one that has not yet been fully performed. True Or false 6- A voidable contract is one that can be avoided by one or all parties to the contract. True Or False

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contract Law

Authors: Ewan McKendrick

10th Edition

1137293705, 978-1137293701

More Books

Students also viewed these Law questions

Question

3. An initial value (anchoring).

Answered: 1 week ago

Question

4. Similarity (representativeness).

Answered: 1 week ago