1 contracts can be classified asa formal or informalb, Ask an Expert

Management Studies

1. Contracts can be classified as:

a. formal or informal.

b. single or multiple.

c. pre-contract and after-contract.

d. all of the above. .

2. In which of the following cases is a contract between A and B binding?

a. A makes a mistake of material fact.

b. A and B make the same mistake of material fact.

c. A recklessly but honestly misrepresents a material fact.

d. A innocently misrepresents a material fact.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93129901

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