Express Contracts and Implied in Fact Contracts

question 43

Multiple Choice

Express contracts and implied in fact contracts:

• A)are both genuine contracts.
• B)are equally enforceable.
• C)are not really contracts.
• D)Two of the above, (a) and (b).

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Definitions:

20th Century

Refers to the period from 1901 to 2000, characterized by significant advancements in technology, science, and social changes globally.

Performance Appraisal

A systematic evaluation of an employee's performance and productivity in relation to defined objectives and criteria.

Permanent Members

Individuals who hold a fixed and ongoing position within a group or organization, as opposed to temporary or rotating members.

High-performance Outcomes

Refers to the superior results achieved through focused strategies, advanced skills, and collaborative efforts in various contexts such as business, sports, or personal development.