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The Ultimate Purpose of a Contract Is the Creation of an Agreement

Question 18

Multiple Choice

The ultimate purpose of a contract is the creation of an agreement that courts will order parties to perform or to pay consequences for the failure of performance.When courts uphold the validity of such promises,the resulting agreement is a(n) ______.


A) absolute contract
B) differentiated contract
C) void contract
D) relative contract
E) enforceable contract

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