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Sagot :
Answer:
A. True
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, etc.
Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.
The contract dispute act (CDA) are responsible for performing oversight functions on all contracts in the United States of America.
Under the contract dispute act (CDA), both the contractor and government parties that enter into a contract are permitted to submit claims against each other.
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