Which of the Following Statements Is True About Contracts

question 74

Multiple Choice

Which of the following statements is true about contracts?

• A)Parties to an informal contract can use any words they choose to express their contract.
• B)A contract under seal is disclosed only to the offeror of the contract.
• C)A letter of credit is an informal contract.
• D)A void contract is the same as a voidable contract.

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Definitions:

Fully Functioning Persons

Individuals who are living in accordance with their true self and feelings, experiencing congruence between their ideal self and actual experiences.

Unconditional Positive Regard

An attitude of total acceptance and support towards a person regardless of what they say or do, particularly used in client-centered therapy.

Conditional Positive Regard

An attitude of acceptance and love towards others that is contingent upon their behavior meeting certain conditions or standards.

Psychoanalysis

A therapeutic approach and theory of psychopathology, founded by Sigmund Freud, focusing on unconscious processes and repressed memories.