contracts

Question 1

this document need not to be
expressed in written documents but may be inferred
through actions and behaviors of parties assenting
on the said agreement

Answer 1

Implied contract

Question 2

those in which nothing remains
to be done by either party

Answer 2

executed contract

Question 3

are those in future acts or
obligation remains to be performed according to its
terms.

Answer 3

excutory contracy

Question 4

those in which an exchange of
mutual, reciprocal promises between parties that
entails the performance of an act with respect.

Answer 4

bilateral contract

Question 5

involves promise that is made
by only one party

Answer 5

unilateral

Question 6

those that are drafted by the
party who has the greater bargaining advantage,
providing the weaker party with the opportunity to
adhere to the contract.

Answer 6

Adhesion Contract

Question 7

a mutual agreement, the effect
of which are triggered by the occurrence of an
uncertain event. One or bath parties assumes risks

Answer 7

Aleatory Contract

Question 8

a legally enforceable agreement
but it may be treated as never having been binding
on a party who was suffering from legal disab

Answer 8

voidable contract

Question 9

imposes no legal rights or
obligations upon the parties and is not enforceable
by a court.
INFO

Answer 9

void contract