Multiple Choice
The requirement that each party to a contract must intentionally exchange something of value as an inducement to the other party to make a return exchange is known as:
A) mutual assent.
B) consideration.
C) legality of object.
D) contractual capacity.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: The doctrine of promissory estoppel:<br>A) is a
Q3: A(n) _ contract is one in which
Q4: Possible remedies for a breach of contract
Q6: Alfred makes a material misrepresentation of fact
Q7: Sarah offers to pay Allison $150 if
Q9: Contracts that are implied in law:<br>A) are
Q10: What are the essential elements of a
Q11: George has been declared incompetent by the
Q23: What is the doctrine of promissory estoppel
Q34: A contract to sell life insurance is