Which of the Following Statements About an Express Contract Is

question 17

Multiple Choice

Which of the following statements about an express contract is true?:

• A)It must be in writing.
• B)It may be inferred by the conduct of the parties involved.
• C)The two parties explicitly state all important terms of their agreement.
• D)None of the above.

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Definitions:

Personal Moral Philosophy

An individual's set of beliefs, values, and principles that guide their understanding of right and wrong and influence their behavior.

Hedonism

A philosophical theory that pleasure or happiness is the highest good and proper aim of human life.

Existentialism

A philosophical theory or approach emphasizing individual freedom, choice, and subjectivity.

Moral Idealism

A philosophical belief in which any action is considered ethical if it is universally acceptable or beneficial, without regard to specific consequences.