17 Questions
82% of people found the document useful.
True
The document is about 'Entertainers and the Rich & Famous'.
True
You can only read the document online from Scribd.
False
The document is free to download and read.
False
Entertainers and the Rich & Famous is a video, not a document.
False
In a unilateral contract, both sides give something to get something else from the other.
False
Fully performed contracts with complete delivery of all promised benefits are known as executed contracts.
True
Partial execution contracts involve no benefit being delivered to either party.
False
A breach of contract can occur due to nonpayment or failure to deliver goods.
True
In case of an immaterial breach, the injured party can terminate the contract and seek damages.
False
Parties bound by an agreement have no specific rights and duties towards each other.
False
In contract formation, an agreement based on mutual disagreement is essential for a valid contract to come into existence.
False
Contracts can only be formed through written documents and not through spoken word or conduct.
False
An express contract is one that is implied by the actions or conduct of the parties involved.
False
Implied contracts can arise without any explicit communication between the parties.
True
Capacity of the parties is not a required element for forming a legally enforceable contract.
False
Consideration in a contract refers to the exchange of non-monetary values such as goodwill or friendship.
False
Access ad-free content on the lives of entertainers and celebrities in PDF or TXT format. You can also choose to read online on Scribd. Find out more about the fascinating lifestyles of the rich and famous.
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