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Author Question: What is the difference between an agreement and a contract? A) An agreement results whenever two ... (Read 90 times)

Metfan725

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on: Jun 24, 2018
What is the difference between an agreement and a contract?
 A) An agreement results whenever two people's minds meet on a subject, but a contract only exists when the parties intend to be legally obligated by the terms of the agreement.
 B) An agreement must be put in writing, whereas a contract may be made orally.
 C) An agreement is binding for a shorter period of time than a formal contract.
 D) An agreement may be made for an unlawful purpose, whereas a contract must be made for a lawful purpose.

Question 2

When parties are not in pari delicto, the least guilty party is granted relief when it is in the public interest.
  Indicate whether the statement is true or false


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ktidd

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

TRUE


Metfan725

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Reply 2 on: Jun 24, 2018
Excellent

nanny

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

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