A Contract into Which Parties Enter, but Where One or Both

question 47

Short Answer

A contract into which parties enter, but where one or both of the parties can choose not to perform their contractual obligations, is said to involve ________ promises.

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Definitions:

Implicit Memories

Memories that influence our behaviors and thoughts without our conscious awareness, such as skills and conditioned responses.

Automatic Processing

The subconscious and effortless processing of information, which enables people to perform tasks without actively thinking about them.

Encode

The process of converting information into a particular form for efficient storage, processing, or transmission.

Explicit Memory

A type of long-term memory that involves conscious recall of facts and events.