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LES 305 Clark ASU Exam 2 | 2026/2027 | A+ Grade | Questions and Answers | Complete Business Law Exam Preparation Study Guide

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Institution LES 305 Clark ASU

Course LES 305 Clark ASU

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LES 305 Clark ASU Exam 2 | 2026/2027 | A+ Grade | Questions and Answers | Complete Business Law Exam Preparation Study Guide

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LES 305 Clark ASU Exam 2 | 2026/2027 | A+
Grade | Questions and Answers | Complete
Business Law Exam Preparation Study Guide

Practice questions for this set

Learn 1 /7 Study with Learn

Enforceable by law

Choose an answer

1 Oral contract 2 Mutual assent

3 contract 4 Express Contract

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Terms in this set (75)

contract Enforceable by law

, Oral contract May be enforcable

Statute of Frauds must be in writing

Bilateral Contract involves two promises and two performances

Unilateral Contract Involves 1 promise and 1 performance

Express Contract Parties knowingly and intentionally agree on
promises and performances

Implied Contract Agreement reached by parties actions

Quasi Contract Agreement in legal friction and created by law to
prevent unjust enrichment

Voidable Contract Party can cancel an otherwise valid contract due
to circumstances

Unenforceable Contract Considered valid (meets 4 elements) but at least
one party has legal defense to performing the
contract

Hybrid Contracts Goods and services. Determines Predominant
thrust of contract subject matter

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Uploaded on: August 13, 2026
Number of pages: 8
Written in: 2026/2027
Type: Exam (elaborations)
Contains: Questions & answers

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