Mgmt 354 Word Scramble
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Question | Answer |
Express Contract | Arises from spoken or written words of the parties demonstrating an intention to be bound to a contract |
Implied Contract | Arises from the contract of the parties from which a reasonable inference can be drawn that the parties intended to be bound to a contract. Provisions of a contract may also be implied to fill in the details of an express contract |
Quasi Contract | An obligation or contract imposed by law without the consent of the parties where unjust enrichment would otherwise result |
Contract | A promise or sets of promises, expressed or implied, creating a legal obligation |
Agreement | |
Consideration | |
Legality |
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