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BUAD 3355 Exam 1 Review SHSU with complete verified solutions(graded A+).
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BUAD 3355 Exam 1 Review SHSU with complete verified solutions(graded A+).
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BUAD 3355 Exam 1Review SHSU with
complete verified
solutions(graded A+)
Consideration - answer a bargained for exchange of something of
legal value OR a substitute, such as a service
Bilateral Contract - answer a promise for a promise
Unilateral Contract - answer a contract where the offeree accepts by
performing a stipulated act
Express Contract - answer an oral or written agreement between the
offeror and the offeree
Implied Contract - answer a contract in which the plaintiff provided
a service, expected to be paid and the defendant knew that they
would have to pay for the good or service provided
Quasi Contract - answer a contract where nothing is written or
expressed between parties and one party is unjustly enriched at the
expense of the other, are equitable in nature rather than
contractual, you won't get profit, only money deserved
Executed Contract - answer a contract that has been fully performed
by both sides
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