Questions and Answers
Which of the following is NOT a type of contract mentioned in the text?
Unilateral contract
What is the term used for a contract that is not required by law to be in writing?
Simple contract
Which of the following is considered a valid contract?
A contract that meets all the legal requirements
What type of transactions are considered as contracts according to the text?
Signup and view all the answers
What is the term used for a contract where both written and verbal elements are involved?
Signup and view all the answers