Tim and Sam Entered into a Bilateral Contract That Does

question 36

Multiple Choice

Tim and Sam entered into a bilateral contract that does not state a time for performance. In this case, the law infers that each party's performance is a:

• A) condition subsequent of the other party's duty to perform.
• B) constructive concurrent condition of the other party's duty to perform.
• C) constructive condition precedent of the other party's duty to perform.
• D) condition precedent of the duty of both parties to perform.

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Definitions:

C

A general-purpose programming language developed in the early 1970s, known for its efficiency and control over system resources.

System Software

Software designed to provide a platform for other software. Examples include operating systems and utility software.

ROM

ROM stands for Read-Only Memory, a type of non-volatile storage that is used primarily in computers and other electronic devices to hold permanent data that does not change.

Multiuser Systems

Computer systems that allow multiple users to access or operate the system simultaneously.