Law and it's system

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Issue:

Business

 

Written by:

Ethel K

 

Date added:

April 12, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

1 / 247

 

Was viewed:

6187 times

 

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Essay content:

The following phrases are important to the understanding of contract law because a bilateral contract is an agreement containing mutual promises. A bilateral agreement is whenever there is doubt about the form. The party making the promise can control the application of many concepts of contract law by understanding the distinction between bilateral and unilateral contracts...
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Unilateral contract is an agreement with only one promise. The maker of such a promise seeks an action rather than a promise in return. b. When many contracts arise from discussions in which parties actually discuss the promised terms of their agreement are called express contracts. Implied-in-facts arise from the conduct of the parties rather than from words...
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