Parties Can Form a Contract Without Putting the Terms in Writing

question 39

True/False

Parties can form a contract without putting the terms in writing.

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Definitions:

Formal Rules

Officially sanctioned guidelines and procedures that govern behavior within organizations or societies.

House

Usually refers to the lower chamber of a bicameral legislature, such as the House of Representatives in the United States Congress.

Senate

One of the two houses of the bicameral legislative body in the U.S. federal government, composed of representatives from each state.

Rules Committee

A legislative committee responsible for determining the rules under which bills can be debated, amended, and considered by the full legislative body.