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:

Young Children

Individuals in early childhood, typically defined as being from birth through the age of eight years.

Companionate

Relating to a form of marriage or relationship based on mutual affection and friendship rather than sexual attraction.

Triangular Theory

A theory of love proposed by psychologist Robert Sternberg, which suggests that love can be understood in terms of three components: intimacy, passion, and commitment.

Passionate

Having, showing, or caused by strong feelings or a strong belief.