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Which of the following statements relating to terms of a contract is TRUE ? Group of answer choices All terms must be expressly agreed to
Which of the following statements relating to terms of a contract is TRUE?
Group of answer choices
All terms must be expressly agreed to by both parties.
The parties must sign a formal document to list down all terms which were negotiated and agreed upon.
Terms not expressly agreed to may still be implied into the contract by law.
Exemption clauses may be an implied term under the contract.
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