Question: What do we mean when we say that a contract must have a legal purpose? Group of answer choices It must only be for situations

What do we mean when we say that a contract must have a legal purpose?

Group of answer choices

It must only be for situations where monetary incentives are concerned.

It must not be signed when one or both the parties are intoxicated.

It must not be done for minor or petty agreements.

It must not be for the performance of an activity prohibited by law.

It must be in written format so that it is easier to understand and so that it stands as proof.

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