Question

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

Bo and Capri have executed a(n):

a) no contract.
b) express contract.
c) implied contract.
d) simple contract.

Answer 1

B) Express contract

Step-by-step explanation:

Bo and Capri Apartments have signed an express contract because all the elements of the contract have been explicitely stated in written form.

The contract is specific about the type of lodging: a studio apartement.

The contract is speficic about the rental price: $650 per month.

And the contract is specific about the term: 1 year.