Question 16 What a party said when entering into a contract is a subjective fact. True False

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question 16
What a party said when entering into a contract is a subjectíve fact.
True
False
Question 17
Iggy and Jen sign a contract by which Iggy agrees to deliver and install a gas fireplace on October 15 in exchange for
Jen's promise to pay the $500 price within ten days of the install date. The delivery and installation of the fireplace and
the payment of the price are examples of
conditions precedent.
concurrent conditions.
O conditions subsequent.
O implied conditions.
Transcribed Image Text:Question 16 What a party said when entering into a contract is a subjectíve fact. True False Question 17 Iggy and Jen sign a contract by which Iggy agrees to deliver and install a gas fireplace on October 15 in exchange for Jen's promise to pay the $500 price within ten days of the install date. The delivery and installation of the fireplace and the payment of the price are examples of conditions precedent. concurrent conditions. O conditions subsequent. O implied conditions.
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