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ContractsContract_essentialsMEDIUM

The parties clearly state all material terms in a written purchase agreement. What kind of contract is this?

Correct Answer

A) Express contract

Express contract is correct because the facts match a contract whose terms are stated in words, whether oral or written. That is the best description of the relationship, right, or legal concept tested here.

Answer Options
A
Express contract
B
Offer
C
Acceptance
D
Enforceable contract

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Background Knowledge for Contracts

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Related Topics & Key Terms

Key Terms:

contract_essentialscontractsexpress_contractcontract_type
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