A Contract Is ________ If the Offeror's Offer Can Be

question 20

Multiple Choice

A contract is ________ if the offeror's offer can be accepted only by the performance of an act by the offeree.

• A)executed
• B)executory
• C)unilateral
• D)bilateral

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Definitions:

General Knowledge

Broad, useful information and facts about a wide range of topics rather than detailed knowledge in a specific area.

Long-Term Memory

The phase or type of memory responsible for the storage of information over an extended period, potentially as long as a lifetime.

Curve Of Forgetting

A graph that illustrates the decline of memory retention over time, where information is lost exponentially if no effort is made to retain it.

Long-Term Memory

The phase of the memory system that is capable of storing information for long periods of time, often throughout a person's life.