Question: 18. A bilateral contract binds one party to perform their end of the agreement for the other party and not vice versa? True or False

18. A bilateral contract binds one party to perform their end of the agreement for the other party and not vice versa? True or False

19. The Rule of Necessaries could be an exception to the competency requisite of a contract? True or False

20. When a party accepts a contract offer they can make changes to the offer and send it back to the offeror and the contract is then binding? True or False

21. The key element of a contract include:

Group of answer choices

a. Competent parties

b. Mutual agreement

c. Offer

d. Acceptance

e. All of the above

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