Most Personal and Business Contracts Are Implied-In-Fact Contracts

question 144

True/False

Most personal and business contracts are implied-in-fact contracts.

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Definitions:

Two-way Process

A form of communication or interaction where both parties send and receive information, leading to mutual understanding and engagement.

Conflict Management

The practice of identifying and handling conflicts in a wise, fair, and efficient manner.

Highly Cooperative

Describes individuals or groups that work together willingly and effectively towards a common goal.

Assertive

A communication style and behavior characterized by confidence and decisiveness, allowing individuals to express their opinions and needs clearly and respectfully.