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( contract ) State whether the statement is true, false, uncertain. If your answer is yes , there is no need for explanation. Otherwise, explain
contract State whether the statement is true, false, uncertain. If your answer is yes there is no need for explanation. Otherwise, explain in no more than words, or simply correct the statement. aIn contract law, default rules are used to fill in gaps in contracts or to replace explicit terms in contracts that are in conflict with the default rules. bAccording to the bargain theory, a promise is not legally enforceable unless the size of consideration given by the other party is commensurate with the promise.
contract State whether the statement is true, false, uncertain. If your answer is yes there is no need for explanation. Otherwise, explain in no more than words, or simply correct the statement.
aIn contract law, default rules are used to fill in gaps in contracts or to replace explicit terms in contracts that are in conflict with the default rules.
bAccording to the bargain theory, a promise is not legally enforceable unless the size of consideration given by the other party is commensurate with the promise.
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