Asked by Timothy Hauser on Jul 15, 2024
Verified
For several months, Yolanda has been picking up Tom's suit at the cleaners on the first Monday of each month. Each month, Tom pays her $25 when she delivers the suit to his office. This month she picks up the suit and delivers it to Tom's office. Tom refuses to pay Yolanda the $25, stating that they did not have a contract. What type of contract did Tom and Yolanda have?
A) An implied contract
B) An express contract
C) A quasi contract
D) A bilateral contract
E) A unilateral contract
Implied Contract
A contract that arises not from words of agreement but from the conduct of the parties.
Express Contract
A contract in which all the terms are clearly set forth in either written or spoken words.
Bilateral Contract
An agreement in which both parties make promises to perform certain acts or refrain from performing certain acts.
- Identify the different kinds of contracts and their attributes.
Verified Answer
GD
Giselle DelgadoJul 18, 2024
Final Answer :
A
Explanation :
Tom and Yolanda had an implied contract, which is formed by the actions of the parties rather than written or spoken words. The repeated behavior of Yolanda picking up Tom's suit and being paid for it each month implies an agreement between them.
Learning Objectives
- Identify the different kinds of contracts and their attributes.