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21F-ACCT352: Law and Social Issues in Business (Sections... This Homework Assignment relates to Chapter 11. The Chapter 11 Lecture notes are HERE and also in

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21F-ACCT352: Law and Social Issues in Business (Sections... This Homework Assignment relates to Chapter 11. The Chapter 11 Lecture notes are HERE and also in the Files folder under Lecture Notes PLEASE SUBMIT ANSWERS TO THE FOLLOWING QUESTIONS: 1. Jack promises to pay Peter $500 if Peter Promises to mow Jack's lawn. Is Jack attempting to enter into a unilateral contract or a bilateral contract? Explain. 2. Jack promises to pay Peter $500 if Peter mows Jack's lawn. Peter promises to mow Jack's lawn. Is Jack attempting to enter into a unilateral contract or a bilateral contract? Explain. 3. On October 21, 2020, Jack promises to pay Peter $500 if Peter Promises to mow Jack's lawn on October 25, 2020. On October 21, 2020, Peter promises to mow Jack's lawn on October 25, 2020. Is this an executed contract or an executory contract? Explain. 4. Jack promises to pay Peter $500 if Peter mows Jack's lawn. Peter mows Jack's lawn. Is this an executed contract or an executory contract? Explain. 5. Are the contracts in questions 1 through 4, express contracts, implied contracts or quasi contracts

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