ALE 1

Legally request financial compensation

The rights and obligations ... a contract apply only to the parties outlined in the contract and not to anyone else

Which of the following are types of contracts described in the text?

• A. Oral, Civil, Executory
  

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  B. Express, Bilateral, Implied, Unilateral
  

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  C. Statutory, Implied, Promissory
  

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  D. Executed, Formal, Procedural

How does an implied contract differ from an express contract?

• A. Implied contracts involve illegal agreements
  

• 
  B. Express contracts are never enforceable
  

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  C. Express contracts are stated clearly; implied contracts are inferred from conduct
  

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  D. Implied contracts must be notarized

On what basis does a competent authority (such as a jury) decide the amount of damages?

• A. Based on how much the injured party demands
  

• B. Based on a government-issued chart
  

• C. Based on the facts of the case
  

• D. Based on how many terms were breached

What may an injured party do if they would suffer more by accepting the performance of the defaulting party?

• Accept the terms and sue later
  

• 
  Ask for restitution and rescind the contract
  

• Rewrite the contract unilaterally
  

• Demand payment from the government

(cancel or terminate) the contract

.... such as payment of any benefits already transferred.

(n) Đồng thuận

A shared agreement between parties on the contract terms—either expressed or implied.

Bồi thường bằng tiền

The most common remedy, involving a payment to the injured party.