BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
When A parks the car in paid parking lot, there is a ____ contract
A
Bilateral
B
Executory
C
Implied
D
Express
Explanation: 

Detailed explanation-1: -Pay on entry is a system configuration where the customer pays for parking as he enters the facility. It is often used for event parking.

Detailed explanation-2: -Valet parking is actually the opposite of finding a parking space on your own: It means that someone else parks your car for you. This person is called a valet. The valet parking service is often offered at restaurants, hotels, stores and other businesses.

Detailed explanation-3: -Implied acceptance is when you don’t directly say “yes” to an offer verbally or in writing, but you do something which implies you will. Implied acceptance can create an implied contract. If your actions clearly indicate that you have accepted their offer, but you haven’t vocalized this acceptance, it still counts.

Detailed explanation-4: -Don’t use the word ‘parking’ to refer to a place where cars are parked. Instead, say car park in British English and parking lot in American English. We parked in the car park next to the theatre. The high school parking lot was filled with cars.

There is 1 question to complete.