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 4 e. 99% probability of collection b. Written agreement + c. Identifiable payment terms 0 g. Fixed contract price O d. Cash consideration only f. Identifiable rights and obligations h. Contract length exceeding one year

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