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Author Question: A contract formed when a promise is exchanged for a promise is called a/an ________ contract; a ... (Read 172 times)

jazziefee

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on: Aug 3, 2018
A contract formed when a promise is exchanged for a promise is called a/an ________ contract; a contract resulting from a promise exchanged for performance is called a/an ________ contract.
 
  A) executory; executed B) implied; express
  C) bilateral; unilateral D) formal; informal

Question 2

What statute governs contracts for the sale of goods between merchants?
 
  A) the Statute of Liberty B) the Restatement (Second) of Contracts
  C) the Uniform Commercial Code D) the Statute of Frauds


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janieazgirl

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Reply #1 on: Aug 3, 2018
Answer to Question 1

C

Answer to Question 2

C


jazziefee

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Reply 2 on: Aug 3, 2018
Excellent

billybob123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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