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True/False 1.Lotteries are a form of bilateral contract. 2.An express contract is an actual contract. 3.In contract law, agreement refers to the legality of the
True/False
1.Lotteries are a form of bilateral contract.
2.An express contract is an actual contract.
3.In contract law, agreement refers to the legality of the offer and acceptance between the parties.
4.A contract will be considered unenforceable if the amount is of payment from one party to another is low.
5.One of the four requirements of a valid contract is consideration.
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