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Classifying contracts: Express & Implied  Express: Bilateral, executed Intentions stated (orally or written) Implied: Unilateral, executory Inferred from conduct or actions Classifying contracts: Bilateral & Unilateral  Bilateral - two promises (both parties bound to do something) Unilateral - Only one party is bound Classifying Contracts: Executed & Executory  Executed - All tasks performed (After closing) Executory - tasks remaining to be done (before closing) 2 0 2 4 /2...

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