3. A contract based upon one partys promise in exchange for an act from the other party...

Question:

3. A contract based upon one party’s promise in exchange for an act from the other party is classified as A. a bilateral contract.

B. an unenforceable contract.

C. an executed contract.

D. a unilateral contract.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Real Estate An Introduction To The Profession

ISBN: 978-0324787504

11th Edition

Authors: Charles J. Jacobus

See More Books

Question Posted: Jul 29, 2024 11:00 AM

See More Questions

Baxter Ltd requires a new machine to use in the manufacture of a new product. Two machines are available: Big Gee and Maxi-Shadbolt. Baxter Ltd. depreciates machinery using the straight-line method....
With a purchase price of $350,000, a small warehouse provides for an initial before-tax cash flow of $30,000, which grows by 6 percent per year. If the before-tax equity reversion after four years...
Distinguish between a money market account and a money market mutual fund account. AppendixLO1
Identify the advantages and disadvantages of group decision making, and describe techniques that can improve it. [LO 5-3] AppendixLO1
Arizona Brick Corporation produces bricks in two processing departments-Molding and Firing. Information relating to the company's operations in March follows: a. Raw materials were issued for use in...
Question 6 (7 marks) On 1 July 2019 Bassy Ltd enters into an agreement to borrow 3 million from London plc (UK). London plc sends the loan money to Bassy Ltds Australian bank account. The loan is for...
In Exercises find the one-sided limit (if it exists). X lim x 2 + x - 2
Listed below are several possible combinations for producing 10,000 units of a product: Unit input prices Input combinations: ABCD Materials $16 per lb. Labor $20 per hr. Power $4 per kwh 190 lbs....
How is access to care and Third Next Available Appointments an organizational problem with quality and risk implications?
EXPLAIN the methodologicalapproach (2-3 paragraphs) and research model aligned within themethodologicalapproach (for example, Giorgiempirical phenomenology, and Moustakastranscendental phenomenology).
Two friends are considering launching a small company, which they believe has the potential to grow into a large firm in the future. List three important factors they should take into consideration...
Provide and explain the difference between Default Access measure and Role based security in CRM.
In the circuit of Figure P28.36, the switch S has been open for a long time. It is then suddenly closed. Determine the time constant (a) Before the switch is closed and (b) After the switch is...
The MIT Sloan School of Management is one of the leading business schools in the U.S. The following table contains the tuition data for the masters program in the Sloan School of Management. a. Use...

3. A contract based upon one partys promise in exchange for an act from the other party...

Question:

Step by Step Answer:

Real Estate An Introduction To The Profession

Students also viewed these Business questions