2. Which of the following statements are TRUE with respect to contracts? a. A unilateral...

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Accounting

2. Which of the following statements are TRUE with respect to contracts?

a. A unilateral contract must be in writing as per the Uniform Commercial Code (UCC)

b. A unilateral contract is for the offer of services only

c. A bilateral contract is valid once the offeree promises to perform the act required by the offer made by the offeror

d. Performance is an element of a valid contract

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