Define ‘contract’ and explain the difference between a unilateral contract and a bilateral contract, give examples.
CHAPTER 5 – Contracts:
Please answer the following questions, Please make sure to doublecheck your answers so they match the questions. Please use the document provided to get your answers from it. all answers should be provided from this pdf.
1. Define ‘contract’ and explain the difference between a unilateral contract and a bilateral contract, give examples.
2. What is an express contract? What is an implied contract? What is Offer and Acceptance? What must be completed after acceptance?
3. Name and define the 4 legal effects of contracts? Be specific.
4. Name and define the 5 essential elements of a real estate contract.
5. Name the 4 different types of real estate listing agreements. Which one is preferredby most real estate agents? Why?
Please number your answers to match with each question.
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Requirements: one page
CHAPTER 5 – Contracts: Please answer the following questions, Please make sure to double czech your answers so they match the questions. 1. Define ‘contract’ and explain the difference between a unilateral contract and a bilateral contract, give examples. 2. What is an express contract? What is an implied contract? What is Offer and Acceptance? What must be completed after acceptance? 3. Name and define the 4 legal effects of contracts? Be specific. 4. Name and define the 5 essential elements of a real estate contract. 5. Name the 4 different types of real estate listing agreements. Which one is preferredby most real estate agents? Why? Please number your answers to match with each question. ————————-
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