Examlex

Solved

Which of the Following Types of Contracts Would Not Be

question 68

Multiple Choice

Which of the following types of contracts would not be considered illegal?


Definitions:

Bargained For

In contract law, referring to an exchange that parties agree upon, which forms the basis for a legally enforceable contract.

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise made to a second party if the latter has reasonably relied on that promise to their detriment.

Reasonable Amount

An amount that is fair and moderate, not excessive or extreme.

Related Questions