Question

1. Match the terms to the appropriate definition.

Answer 1

1. Match the terms to the appropriate definition.

a. Bilateral

4. a promise for a promise

b. Express

1. a contract formed by words

c. Formal

3. a contract that requires a special form

d. Informal

2. a contract that requires no special form

e. Unilateral

5. a promise for an act

f. Implied

6. a contract formed by the conduct of the parties

2. If the offeree can accept the offer with a return promise to perform, then the contract is unilateral. FALSE