The Term Originated from the Days When a Contract Was

question 35

Multiple Choice

The term originated from the days when a contract was literally sealed by a piece of soft wax into which an impression was made.

• A)Contracts under wax
• B)Contracts under pressure
• C)Implied-in-law contracts
• D)Implied-in-fact contracts
• E)Contracts under seal

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Definitions:

Eisenhower Administration

The presidency of Dwight D. Eisenhower, the 34th president of the United States, from 1953 to 1961, known for its moderate political stance during the Cold War era.

Federal Government

The national government of a federation, which has specific powers accorded to it by a constitution, distinct from regional governments.

World War II Veterans

Individuals who served in the military during World War II, contributing significantly to the Allied victory.

VA Mortgage Loans

A loan program established by the United States Department of Veterans Affairs to help veterans, service members, and their surviving spouses buy homes.