The loan states the offered price and includes other


Nelly wants to buy a new boat. He doesn't have enough cash to pay for, it so he decides to take out a loan. The loan states the offered price and includes other important things like the payments, the term of the loan and Nelly’s signature. This is what type of contract?

a. Implied contract

b. Expressed contract

c. Quasi-contract

d. Bilateral contract

Request for Solution File

Ask an Expert for Answer!!
Operation Management: The loan states the offered price and includes other
Reference No:- TGS02275315

Expected delivery within 24 Hours