In Order to Form a Contract,the Parties Must

question 17

Multiple Choice

In order to form a contract,the parties must:

• A) manifest their agreement subjectively.
• B) manifest their agreement objectively.
• C) indicate solely through written word their intent.
• D) create a formal document called a contract.

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Definitions:

Unconscionable

A term used to describe actions or terms in a contract that are so unfair or oppressive to one party that they are considered shocking to the moral conscience.

Contract Provision

A contract provision is a clause within a contract that specifies an agreement, obligation, or condition between the parties involved.

Enforced

The act of compelling compliance or obedience to laws, rules, or obligations through the application of authoritative measures.

Uniform Commercial Code

A detailed set of ordinances dictating every commercial transaction in the United States.