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2. You are asked by your company's General Counsel's (the company lawyer) to review a contract with a major purchaser of a product that your

2. You are asked by your company's General Counsel's (the company lawyer) to review a contract with a major purchaser of a product that your company manufactures.

Which of following statements is most accurate? [Select the one best answer choice]

  • A.

As long as you review the contract carefully, you will know understand all of the terms of the contract, as all terms must be express and contained within the "4 corners" of the contract.

  • B.

What a jerk! Lazy lawyers always asking you to review contracts. They should do their own jobs to that you can watch "The Golden Ticket" episode of The Office.

  • C.

You should review the contract carefully, but know that other termseither express or impliedmight be a part of the contract, often because of statutes that apply certain legal rules to these kinds of transactions.

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