In Which of the Following Does a Contract Arise Not

question 7

Multiple Choice

In which of the following does a contract arise not from words but from the conduct of the parties?

• A) Implied contracts
• B) Express contracts
• C) Liquidated contracts
• D) Bilateral contracts
• E) Unilateral contracts

---

Definitions:

Investment Project

A project involving the allocation of capital or resources towards an initiative expected to generate future income or profit over a certain period of time.

Interest

The charge for borrowing money, typically expressed as an annual percentage of the loan amount, or the return earned on investment capital.

Inventory

The complete quantity of products and supplies kept in inventory by a company, aimed for either sale or manufacturing activities.

Depreciation

Depreciation is the allocation of the cost of a tangible asset over its service life, reflecting the decrease in value due to wear and tear, age, or obsolescence.