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Contract Law > Introduction > Flashcards

Introduction Flashcards

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1
Q

What is a Contract?

A
  • A contract is an agreement giving rise to obligations which are enforced or recognized by the law
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2
Q

What are the 2 types of contract?

A
  1. Bilateral (one promise in exchange for another promise)
  2. Unilateral (one promise in exchange for the performance of a requested act)
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Contract Law (4 decks)

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