Contracts

Which of the following is not 1 of the 6 elements of a contract?

• capacity
• consideration
• valid
• genuine agreement

This element refers to someones mental ability to enter into an contract.

• consideration
• legality
• capacity
• genuine agreement

A contract that contains a promise by both parties is 

• expressed
• implied
• bilateral
• unilateral

A reward offer is an example of what type of a contract?

• bilateral
• implied
• unilateral
• void

People sometimes enter into these contracts without exchanging a word. Occurs when we get gas sometimes.

• expressed
• implied
• bilateral
• unilateral

A written or oral agreement between 2 parties.

• Memo

• Invoice

• Contract

• Requisition

An order form or receipt is an example of this type of contract.

• Written

• Oral

• Implied

• Express

When one or both parties fail to perform their duties in the contract.

• Implied

• Breach

• Implied

• Requisition

A written contract in which the subject is clearly stated and all details are included. Most enforceable type of contract by law.

• Oral

• Implies

• Express

• Analytical

When does a tort occur?

• when a person is injured
• when property is damaged
• when a person's reputation is harmed
• all of these