Question: The four ( 4 ) main elements to a contract are: ( 1 ) agreement; ( 2 ) capacity to contract; ( 3 ) consideration;

The four (4) main elements to a contract are: (1) agreement; (2) capacity to contract; (3) consideration; and (4) lawful purpose. These elements are called essential elements because all four must be considered but only a majority of the elements need be present and common law contract law provides that there is a valid enforceable contract. (true or False)
A revocation of an offer is sent FedEx on April 1,2023 and delivered to the offerees residence or place of business on April 3,2023. The offeree has not yet accepted the offer. The revocation of the offer becomes effective on April 1,2023, in that in the majority of states, a revocation becomes effective when the offeror sends it to the offeree or the offerees agent. (True or False)

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