A 'Collateral Contract' Is

question 12

Multiple Choice

A 'collateral contract' is:

• A)A secondary contract, the consideration for which is the entry into the main contract.
• B)One of a number of contracts entered into by the same parties at the same time.
• C)A contract entered into by immediate family members.
• D)A contract where the payment for the goods is to be made by way of instalments.

---

Definitions:

Analogy

A comparison between two things, typically for the purpose of explanation or clarification, highlighting similarities in some respects.

Inductive Generalization

A type of reasoning where conclusions about general rules are drawn from specific examples or cases.

Deductive Step

A reasoning process in deductive logic where a conclusion is logically derived from premises.

Weak

Lacking strength, effectiveness, or force in a particular context or comparison.