Samuel Tate Enters into a Contract with Bill Smith Under

question 58

Multiple Choice

Samuel Tate enters into a contract with Bill Smith under the terms of which Smith is to pay Tate $7,000 and Tate is to build a garage, repair a boat, and build a doghouse. If the doghouse has not yet been built, which term describes the type of contract in existence?

• A) Quasi contract.
• B) Executed contract.
• C) Illusory contract.
• D) Executory contract.

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Definitions:

L-Serine

An α-amino acid important in biosynthesis, which serves as a building block for proteins.

Predominant Form

The most abundant or common form of a substance under specified conditions.

L-Phenylalanine

An essential amino acid with the formula C9H11NO2, used in the biosynthesis of proteins.

Biological pH

The pH range maintained in biological systems and fluids critical for the proper functioning of cells and biochemical processes.