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BL 4.01 Review

AB
bilateralcontains two promises.
contractany agreement enforceable by law.
expressstated in words (oral or written).
impliedcomes about by actions with no words.
unenforceablecourt will no uphold due to some rule of law.
unilateralcontains one promise.
validlegally good.
voidableparty is able to void contract.
voidno legal effect.


Business Teacher
Holly Springs High School
Holly Springs, NC

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