Which of the Following Elements Must Be Established to Create

question 78

Multiple Choice

Which of the following elements must be established to create an implied-in-fact contract?

• A)The plaintiff provided property or services to the defendant gratuitously.
• B)The defendant accepted the plaintiff's property or services as payment for an illegal activity.
• C)The plaintiff made the defendant sign the contract and then changed its terms,identifying the new terms as "retroactively implied."
• D)The defendant was given an opportunity to reject the plaintiff's property or services but failed to do so.

---

Definitions:

Unemployment

The situation where individuals who are capable of working and willing to work do not find employment.

Opportunity Costs

The cost of the next best alternative foregone as a result of making a decision.

Scarce Resources

Essential goods and services that are limited in supply relative to demand, necessitating allocation and economical usage.

Macroeconomics Question

A question that relates to the study and analysis of the economy as a whole, including issues like inflation, unemployment, and economic growth.