Question: Identifying Contract Validity For each item a through h, indicate whether the item is (1) required for a valid contract, or (2) not required

Identifying Contract Validity For each item a through h, indicate whether the

Identifying Contract Validity For each item a through h, indicate whether the item is (1) required for a valid contract, or (2) not required for a valid contract. a. Valid business purpose b. Written agreement c. Identifiable payment terms O d. Cash consideration only 4 e. 99% probability of collection f. Identifiable rights and obligations g. Fixed contract price h. Contract length exceeding one year

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