Question
ABC Inc. enters into a one year contract with a customer to provide daily office maintenance services and begins providing the services immediately. The consideration
ABC Inc. enters into a one year contract with a customer to provide daily office maintenance services and begins providing the services immediately. The consideration is payable in twelve equal monthly installments. Either party can terminate the contract at any time without compensating the other party for the termination. The party that terminates the contract is required to provide 60 days' notice before the termination is effective. What is the duration of the contract (i.e. the contractual period for which the parties have enforceable rights and obligations)?
Select one:
a.It depends on the intent of the parties
b.Sixty days
c.Month-to-month
d.One year
e.Day-to-day
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