Contracts Flashcards
1
Q
What three things might a contract be called?
A
A legal agreement
A binding agreement
A formal agreement
2
Q
How can you make a contract?
A
Signing a paper
Saying you agree in words (orally)
Ticking a box that says you agree on an online form on the internet
3
Q
Give two examples of a fixed-period contract
A
Buying a house
Buying a phone
4
Q
Give an example of an ongoing contract
A
Utility bills
5
Q
What is a contract?
A
A contract is an agreement or promise that is law