Question: In most cases, an enforceable contract has to include consideration, which __________. means that both parties have full mental capacity to form an agreement must

In most cases, an enforceable contract has to include consideration, which __________.

  • means that both parties have full mental capacity to form an agreement
  • must be morally or economically adequate to make the bargain a fair one
  • is defined as an offer extended from one party to the other
  • must be an exchange of legal value between the parties to the agreement

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:

In most cases, an enforceable contract has to include consideration, which __________. means that both parties have full mental capacity to form an agreement is defined as an offer extended from one...

Q:

Question 11 In which scenario would strict liability most likely apply? O The ceiling of a city hall crumbles and injures a few employees. O A deck collapses at a restaurant, injuring two diners. O...

Q:

Tort law is similar to criminal law in that __________. they both require a wrongful act by a defendant for the plaintiff to recover they both require specific intent on the part of the defendant...

Q:

Select the true statement about the relationship between law, ethics, and business. The law ensures ethical conduct in most areas of business. Abiding by the law is sufficient for businesses to earn...

Q:

In most cases, an enforceable contract has to include consideration, which must be an exchange of legal value between the parties O to the agreement O is defined as an offer extended from one party...

Q:

In most cases, an enforceable contract has to include consideration, which must be an exchange of legal value between the parties to the agreement means that both parties have full mental capacity to...

Q:

In most cases, an enforceable contract has to include consideration, which _ _ _ _ _ _ _ _ _ _ . is defined as an offer extended from one party to the other must be morally or economically adequate...

Q:

In most cases, an enforceable contract has to include consideration, which must be an exchange of legal value between the parties to the agreement means that both parties have full mental capacity to...

Q:

1.In most cases, an enforceable contract has to include consideration, which a is defined as an offer extended from one party to the other b.must be an exchange of legal value between the parties to...

Q:

Chapter 6 from The Legal and Ethical Environment of Business was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as...

Q:

5) Oil spilled from a ruptured tanker spreads out in a circle whose area increases at a constant rate of 6 cm/hr. How fast is the radius of the spill increasing when the area is 9 cm ?

Q:

A company usually processes 20,000 orders at a total cost of $300,000. During the year, only 16,000 order were processed. What is the cost of unused activity? $300,000 $240,000 $30,000 $60,000

Q:

What are three financial weaknesses of the hospital? ( Hint: Do not provide a list of ratios. Make a statement and then justify it with information from the financial statements and operational /...

Q:

What would be some solid research questions for the following and perhaps improvement ideas for the problem statement. The general problem is while there is federal regulations and company police on...

Q:

2. To understand different focus areas for personal communication mastery.

Q:

3. Im trying to point out what we need to do to make this happen

Q:

1. I try to create an image of the message