Bo signs a lease with Capri Apartments to lease a studio apartment for the next year for $650 per month.

Daisy signs on Capri's behalf. Bo and Capri have:

a. no contract.

b. an express contract.

c. an implied contract.

d. a simple contract.

Question

Sloane

Business

28 March, 19:11

Bo signs a lease with Capri Apartments to lease a studio apartment for the next year for $650 per month.

Daisy signs on Capri's behalf. Bo and Capri have:

a. no contract.

b. an express contract.

c. an implied contract.

d. a simple contract.

+1

Answers (1)

Know the Answer?

Miya Lane · Answer 1

b. an express contract.

Explanation:

Since Daisy signs on Capri's behalf, the contract is between Bo and Capri, not Daisy.

Since there is a lease, an actual signed document, the options of no contract and implied contract are discarded.

An express contract is written in an specific language with its terms stated expressly at the time of contract formation, and is made under a company seal. A simple contract doesn't require a seal.

The lease is signed under Capri Apartments' seal and thus is an express contract.

Bo signs a lease with Capri Apartments to lease a studio apartment for the next year for $650 per month.Daisy signs on Capri's behalf. Bo and Capri have:a. no contract.b. an express contract.c. an implied contract.d. a simple contract.

Bo signs a lease with Capri Apartments to lease a studio apartment for the next year for $650 per month.

Daisy signs on Capri's behalf. Bo and Capri have:

a. no contract.

b. an express contract.

c. an implied contract.

d. a simple contract.