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Which of the Following Is Part of the Vertical Dimension

question 85

Multiple Choice

Which of the following is part of the vertical dimension as established by VALS™?


Definitions:

Express Condition

A stipulation in a contract that explicitly outlines a requirement or condition that must be met for the contract's terms to be fulfilled or action to take place.

Implied-in-Fact

A type of contract formed by the conduct of the parties involved, rather than written or spoken words.

Implied-in-Law

A term or condition not expressly stated but inferred by the nature of the transaction or the parties' conduct, as recognized by law.

Discharged by Agreement

A situation where the parties involved decide to release each other from the obligations of a contract, effectively ending the contract.

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