1. Match the terms to the appropriate definition. Unilateral A contract that requires a special form Informal A contract formed by words Formal A contract formed by the conduct of the parties Bilateral A promise for a promise Implied A contract that requires no special form Express A promise for an act 2. If the offeree can accept the offer with a return promise to perform, then the contract is unilateral. a. True b. False 3. When a person selects the correct lottery ticket numbers, the lottery commission legally required to pay the money. This is an example of a contract. 4. Under the view of revocation, an offeror revoke an offer for a contract if the offeree has performed. Fill in the blanks with words that would best complete the passage. may bilateral substantially traditional not unilateral may not modern 5. Most contracts are in writing and thus are considered formal contracts. a. True b. False 6. Which of the following is not a requirement for an implied contract

When earning simple interest on money you invest, which statement is true? a. as time goes on and your bank account grows, you earn more interest. b. as time goes on and your bank account grows, you earn less interest. c. as time goes on and your bank account grows, you earn the same amount of interest. d. as time goes on and your bank account grows, you stop earning interest.

Diversity is an obstacle all marketers face: true false

In return for their with optimizing his painting project, the castle servant informed poly and digit that he saw someone dressed as the king leaving behind a trail of crumbs as he walked into the jester's room late last night. poly and digit have finally found the crisp-collecting culprit — it turns out the jester's shoe size and hair color match the clues that were found! in gratitude, poly and digit agree to the servant with his current task of replacing all of the tables and chairs in the castle. his goal is to determine which furniture company should produce the new furniture. he receives information from a company that customizes elegant furniture, and he wants to analyze the company's production process in order to calculate some problems about cost and availability. read the following scenario, and assist poly and digit as they the servant with his calculations. the fit for a king furniture company requires 2020 hours of labor to produce a standard table, and a chair requires 1212 hours of labor. the labor available is 565565 hours per week. the company can produce at most 3535 chairs per week.