Aic301 exam Study guides, Class notes & Summaries

AIC301 Exam Questions with Complete Solutions Graded A+ A legally enforceable agreement between two or more parties. - Answer-contract The party to a contract making a promise. - Answer-Promisor The party to a contract to whom a promise is made. - Answer-Promisee The relationship that exists between the parties to a contract. - Answer-Privity of contract A person who is not a party to a contract but who benefits from it and has a legal right to enforce the contract if it is breached...