Examlex
It is generally agreed that biological theories must meet four requirements to be viable. Which one of the following is not one of the four requirements?
Objective Theory Of Contracts
A theory under which the intent to form a contract will be judged by outward, objective facts as interpreted by a reasonable person, rather than by the party’s own secret, subjective intentions. Objective facts might include what a party said when entering into the contract, how a party acted or appeared, and the circumstances surrounding the transaction.
Express Contract
A contract in which the terms of the agreement are fully and explicitly stated in words, oral or written.
Express Contract
A legally-binding agreement in which the terms are explicitly stated by the parties involved either orally or in writing.
Unilateral Contract
A contract in which one party makes a promise in exchange for an act by the other party, becoming binding only when the act is completed.
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