Contracts And Deeds Flashcards

0
Q

Am agreement which is not reduced to writing but is creating from conduct, from assumed intention, from some relationship, among the immediate parties, from the application of the legal principal …

A

Implied!!!

Created by action of the party involve. Not reduce to writing.

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1
Q

Which of the following instrument contains, Loan amount, interest rate, term of the loan, monthly payments

A

Note

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2
Q

If pass the inspection

A

Contingency clause

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3
Q

A broker offers to give 10.000, 00 for the agent who sells 20 houses

A

This is an Unilateral contract

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