A Contract Where the Terms Are Written or Stated Clearly

question 121

Multiple Choice

A contract where the terms are written or stated clearly and agreed to by both parties is called:

• A)implied-in-fact.
• B)implied-in-law.
• C)express.
• D)quasi.

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Definitions:

Seeing Opportunities

The ability to identify and act upon chances for personal or business growth, innovation, or improvement.

Creative Idea

A Creative Idea refers to a novel and useful concept, solution, or insight that seeks to address a problem, improve a situation, or generate value in an innovative way.

Original Thinking

The ability to conceive new and innovative ideas that are not solely based on existing concepts or practices.

Considerable Knowledge

A substantial amount of understanding or information a person has acquired through study or experience regarding a specific subject.