Bilateral contract - Study guides, Class notes & Summaries
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SPM4723 - Legal Issues in Sport Exam III (Answered) Complete Verified Solution
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SPM4723 - Legal Issues in Sport Exam III (Answered) Complete Verified Solution 
 
Contract 
A legally enforceable agreement or promise between two or more parties that creates an obligation to do or not do a particular action. 
What is contract law based in? 
Common Law. 
What does the Uniform Commercial Code (UCC) do? 
Governs commercial codes and contracts. 
What are the parts of a contract? 
Offer, Acceptance, Consideration. 
The Offer 
A conditional promise made by one party to another. 
Bil...
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Texas Promulgated Contracts-CHAMPIONS Exam, Answered
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Texas Promulgated Contracts-CHAMPIONS Exam, Answered-The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording - B 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
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CON 2370 Simplified Acquisition Procedures, Exam Practice Questions With Correct Answers Updated 2023-2024 | 100% Verified
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CON 2370 Simplified Acquisition Procedures, Exam Practice Questions With Correct Answers Updated | 100% Verified. Which of the following is true? - Answer the use of simplified acquisition procedures is 
authorized. 
T03.E03a 
You are the contracting office for a firm-fixed-price purchase order for commercial 
supplies with a value of $565,000. Two weeks after delivery and acceptance of the 
items, the user complains that the goods are not functioning as expected. You 
Investigate and determine...
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Bail Bonds Louisiana Exam With 100% Correct Answers 2023
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Bail Bonds Louisiana Exam With 100% Correct Answers 2023 
Acquit - Correct Answer-to set free:to judicially discharge from an acquisition;to clear (a person) of a criminal charge 
 
Bail Enforcement - Correct Answer-the apprehension or surrender of a principal by a natural person who is released on bail or who has failed to appear at and state of the proceedings to answer to the charge before the court, in which he may be prosecuted 
 
obligor - Correct Answer-the party who owes the duty or debt...
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California Life Accident and Health Exam Practice 2024
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California Life Accident and Health Exam Practice 2024 
A 
ABC INSURANCE -Answer-JOHN IS THE AGENT FOR ABC INSURANCE AND JANE 
IS THE INSURED. WHO IS THE PRINCIPAL IN THIS AGENCY RELATIONSHIP? 
A 
ABC INSURANCE 
B 
JOHN 
C 
JANE 
D 
NONE 
D 
ADMITTED -Answer-A(N) ________ INSURER IS AUTHORIZED TO WRITE 
INSURANCE POLICIES IN A PARTICULAR STATE. 
A 
DOMESTIC 
B 
NON-ADMITTED 
C 
FOREIGN 
D 
ADMITTED 
B 
A PERSON WHO NEGOTIATES INSURANCE CONTRACTS ON BEHALF OF AN 
INSURED -Answer-WHICH OF THE FOLL...
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CON 2370 Simplified Acquistion Procedures Exam Questions With Answers Latest Updated 2024 (GRADED)
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CON 2370 Simplified Acquistion Procedures Exam Questions With Answers Latest Updated 2024 (GRADED) Which one of the following statements is true regarding the policies for the use of 
simplified acquisition procedures (SAP)? - Answer Purchases shall be made in the 
simplified manner that is most suitable to the circumstances of the acquisition. 
Not - The use of SAP is authorized for all commercial acquisitions 
Not - The purpose of SAP is to improve opportunities for small businesses to obtain ...
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PSI Exam Questions and Answers 100% Correct| Latest 2024
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PSI Exam Questions and Answers 100% Correct| Latest 2024 
what would prevent a seller from providing marketable title 
Mechanics lien 
the seller has required that the buyer must use his title insurance company and that 
brokers reduce their portion of the real estate commission, increasing the sellers net 
proceeds 
This is illegeal according to respa 
If a license mentions MLS when advertising, the advertisement must include 
the name of the MLS 
According to the New Jersey Real estate Licen...
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CON 2370 Simplified Acquisition Procedures Questions and Answers Already Passed
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CON 2370 Simplified Acquisition Procedures Questions and Answers Already Passed 
You are the contracting officer for a firm-fixed price supply contract valued at $195,400. Which one of the following statements about contract closeout is correct? The contract is considered closed once you receive evidence of receipt of property and final payment. 
Which of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? Purchases shall be made in the...
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Texas Promulgated Contracts-CHAMPIONS STUDY Exam 2022-2023 100% verified; GUARANTEED A+
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The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording correct answers B 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilateral 
 
(d) Void correct answers A 
 
In ...
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GDL Contract Law Revision Notes(Distinction Level) 2023 GRADED A
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GDL Contract Law Revision Notes(Distinction Level) 2023 
GRADED A 
Contract Law Notes 
Agreement and Contractual Intention 
Agreement: 
In order for parties to reach an agreement, one party must make an offer which is acceptedby the 
other. 
‘Offer’: Professor Treitel: ‘an expression of willingness to contract on certain terms, madewith the 
intention that it shall become binding as soon as it is accepted by the person to whom it is addressed.’ 
‘Offeror’: Person who makes the offer....
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