Means that a contract can be oral, in writing, or by conduct. This states that an offer cannot accept an offer made to someone else.Choose matching termLegalityGeneral Damages.CommunicatedTermination Of An Offer

These are contracts that involve no negotiations. Therefore, they are take it or leave it. E.g. Airline tickets, insurance policies, parking tickets, tickets to events, etc. Courts interpret the terms of these strictly.Choose matching termCausationConduct as a form of acceptanceContractsStandard form agreements

This characteristic refers to the fact that the law specifically designates a name to a contract of partnership.Group of answer choicesInnominateConsensualNominateUnilateral

Damages which are in contemplated of both the parties at the time of contract are called*DemurrageLiquidated damagesSpecial damagesVindictive damages

A contract that contains 2 promises. Acceptance in these represents the promise to perform. E.g. If you make a contract to sell someone your car, this is bilateral, because you promise to give your car and they promise to give you the money. These are made before either party embarks upon performance. Standard form agreements are a type of this.Choose matching termQualified privilegeFreedom of contractsBilateral contractsPositive form

Is a contract agreement in which an offeror promises to pay after the occurrent of a specified act. A. Contract Agreement B. Multilateral Contract C. Bilateral Contract D. Unilateral Contract