2024 – 1 Windsor the owner of Windsor s Sandwiches contacts a new supplier Gary He tells Gary that he will pay him

Multiple Questions Answers – 2024

 

1 Windsor, the owner of Windsor’s Sandwiches contacts a new supplier Gary. He tells Gary that he will pay him $375 if Gary delivers 20 pounds of cheese the following morning. Gary promises to make the delivery as requested by Windsor. This creates a ________ contract between them.

2 Which of the following is a necessary condition for a contract to be considered valid?

               
 
3 A ________ is a type of draft that is always paid at a future date.

 


4 What is the similarity between a demand draft and a trade acceptance?

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