Asked by priya tripathi on Jul 06, 2024
Verified
Contracts may be in writing, under seal, verbal, or even implied.
Verbal
Pertaining to or involving words, especially spoken words; often used in contrast to written or non-verbal communication.
Under Seal
A formal method of validating a document by fixing a wax seal, signifying it has legal efficacy or relevance.
Implied
Something suggested or understood without being directly expressed.
- Identify the distinctions among different categories of contracts and the importance of a written form for their enforceability.
Verified Answer
JI
Janelle InandanJul 08, 2024
Final Answer :
True
Explanation :
Contracts can be formed in various ways, including written, under seal, verbally, or through actions and conduct that imply agreement and intent to be legally bound.
Learning Objectives
- Identify the distinctions among different categories of contracts and the importance of a written form for their enforceability.