Which of the Following Is Correct with Regard to a Contract

question 62

Multiple Choice

Which of the following is correct with regard to a contract?

• A) All contracts must be in writing.
• B) A person who deposits money in a bank account has entered into a contract with the bank.
• C) A contract may be for a tortious purpose.
• D) To be valid,a contract must be bilateral and cannot be unilateral.

Understand the psychological mechanisms behind compliance strategies and their applications.

Appreciate the implications of social psychology research for understanding human behavior in societal contexts.

Evaluate the influences of group dynamics on individual decision-making and behavior.

Gain insight into the use of deception in psychological research and its ethical implications.

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Definitions:

The Cloud

A metaphor for storing and accessing data and applications over the internet instead of on a local computer's hard drive.

Static IP

A permanently assigned Internet Protocol address, used for hosting websites and services on the internet.

Dynamic IP

An IP address that changes each time a device connects to the internet, as opposed to a static IP address which remains constant, commonly used for residential connections.

IP Conflicts

Occurs when two or more devices on the same network are assigned the same IP address, leading to communication errors and network disruptions.