Author Question: A contract where the terms are written or stated clearly and agreed to by both parties is called: ... (Read 127 times)

corkyiscool3328 · **on:** Jun 24, 2018

A contract where the terms are written or stated clearly and agreed to by both parties is called:
A) implied-in-fact.
B) implied-in-law.
C) express.
D) quasi.

Question 2

Jane and Joseph Sechrist signed a contract to have a swimming pool built in their backyard for 10,000. The salesman for the pool company signed the contract as well on a space marked Salesperson. Two days after the contract was signed, the salesman called the Sechrists back and asked them to come in and sign a new contract for 11,000 because the vice president had not approved the original price. Jane has checked the contract and discovered that there is no language that requires the approval of anyone other than the salesperson. Jane and Joseph can have their pool built for 10,000 because:
A) the pool company was bound once Jane and Joe signed the contract.
B) the pool company has ratified the contract.
C) of misrepresentation.
D) the salesman had at least apparent authority to bind the pool company.