Question: 49. Basic elements of a contract must include: a. legal capacity b. agreement c. consideration d. genuine consent e. all of the other choices

49. Basic elements of a contract must include: a. legal capacity
b. agreement c. consideration d. genuine consent e. all of the other

49. Basic elements of a contract must include: a. legal capacity b. agreement c. consideration d. genuine consent e. all of the other choices

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Law Questions!

Q:

Basic elements of a contract must include: legal capacity agreement consideration genuine consent all of the other choices

Q:

Basic elements of a contract must include: Question 5 options: legal capacity agreement consideration genuine consent all of the other choices

Q:

BUSINESS LAW 5. A contract not yet performed. Answers: A. Enforceable B. Equitable C. Executed D. Executory Question 6 The three elements of a valid contract do not include which of the following?...

Q:

1. The initial tax basis may include: a. legal fees. b. commissions. c. second mortgage note signed by purchaser. d. all of the above. 2. Consideration is: a. only the cash paid directly to the...

Q:

1. What is the status of an illegal contract? a) It is valid notwithstanding the illegality b) It is voidable c) It is void 2. Freedom of contract can be described as which of the following? a) The...

Q:

I EXPECT COMPLETE AND QUALITY ANSWERS. DO NOT COPY AND PASTE A SOLUTION THAT IS ALREADY POSTED BY SOMEONE ELSE ON CHEGG. REFRAIN FROM ANSWERING IF YOU CANNOT FULFILL MY DEMAND, AND LEAVE IT FOR...

Q:

1) A voluntary acknowledgment made by one party to the other party in a contract is ___________. a) Partial Performance b) Admission c) Promissory Estoppel d) An Integrated Contract 2) Remedies in...

Q:

1. Do you agree or disagree with the decision in the Lambert case (p. 323, textbook). Explain by making EXPLICIT reference to any of the principles of Contract Law (say which one(s) you are using)...

Q:

is as follows: 1. Do you agree or disagree with the decision in the Lambert case (p. 323, textbook). Explain by making EXPLICIT reference to any of the principles of Contract Law (say which one(s)...

Q:

The owner of a lost dog posts notices that she will pay $200 for its return. Someone who does not know about the reward finds the dog and returns it. The owner O must pay the reward due to public...

Q:

A company that produces and markets continuing education programs on DVDs for the educational testing industry has traditionally mailed advertising to prospective customers. A market research study...

Q:

Users are required to enter an integer array of five elements containing value of year. Print out to the screen years that are not leap years. There, a leap year is a year that is divisible by 4 and...

Q:

2, 5 Bluebird, Inc., does not provide its employees with any tax-exempt fringe benefits. The company is considering adopting a hospital and medical benefits insurance plan that will cost...

Q:

Industries/Products that typically need a high inventory turn measure include: Stable demand Functional Machinery Commodities Short life-cycle

Q:

8. Give examples from your own everyday life that the reference point you use has significance for the actions you take.

Q:

6. Give examples of when we give a situation a new name, the situation is perceived differently.

Q:

11. Take a familiar problem as your starting point. a) Frame the problem so that it promotes aggressive behaviour. b) Frame the problem so that it promotes defensive behaviour.