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AIC 301 UPDATED STUDYGUIDE EXAM WITH GRADED ANSWERS
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162

March 2026

2025/2026

A+
4 examples of contracts that have to be in writing - answer-1) sale of real estate 2) agreements that can't be performed within 1 year 3) transactions > $500 4) agreements to pay a debt owed a contract where each party promises to perform an act in exchange for an act by the other party - answer-bilateral contract a legally enforceable agreement between 2 or more parties - answer-contract not all __________________ are legally binding contracts - answer-agreements ...
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