Multiple Choice
The _____ requirement of a valid contract ensures that parties to the contract actually bind themselves to the agreement by exchanging an agreed-upon legal detriment.
A) consideration
B) capacity to enter into a contract
C) legality
D) mutual assent
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q65: Past consideration is an adequate consideration to
Q66: , those who are intoxicated or otherwise
Q67: While the obligor's permission is not necessary
Q68: A unilateral contract is a contract in
Q69: Explain the terms legal detriment and legal
Q70: If an offer is made, but before
Q71: What are the two sets of laws
Q72: Each state has its own common law
Q73: Which of the following statements is true
Q74: A novation takes the assignor out of