TYPES OF CONTRACTS AND QUASI CONTRACTS

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Bilateral


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A promise for a promise




Unilateral


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A promise for an act




If one party has the legal option not to perform a contract and to have the contract
declared unenforceable, the contract is called a __________ contract.

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voidable




Which of the following is NOT a requirement for an implied contract?


- The defendant had a chance to reject the service or property but did not do so.


- The defendant had no chance to reject service or property furnished by the plaintiff.


- The plaintiff expected to be paid and the defendant knew, or should have known,
that the plaintiff expected to be paid.


- The plaintiff furnished some service or property to the defendant.


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The defendant had no chance to reject service or property furnished by
the plaintiff.




Under the modern view of revocation, an offeror __________ revoke an offer for a
unilateral contract if the offeree has __________


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may not; substantially performed




Express