Which of the Following Elements Must Be Established to Create

question 40

Multiple Choice

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

• A) A plaintiff provided a property or services gratuitously.
• B) A plaintiff made a defendant sign a contract and then changed its terms, calling the new terms "previously implied."
• C) A defendant was given an opportunity to reject a property or services provided by a plaintiff but failed to do so.
• D) A defendant accepted a property or services offered by a plaintiff as a fee for an illegal activity.

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Definitions:

Standard Quantity

The expected or predetermined amount of materials or input required to produce a single unit of product.

Standard Price

A predetermined cost assigned to materials, labor, and overhead, used as a benchmark against which the actual costs are compared.

Standard Hours

The predetermined amount of time expected to complete a task or to produce a unit of output under normal conditions.