menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Legal Environment of Business
  4. Exam
    Exam 6: Overview and Language of Contracts
  5. Question
    An Enforceable Contract Has Four Necessary Elements: Mutual Assent,capacity to Contract,consideration,and
Solved

An Enforceable Contract Has Four Necessary Elements: Mutual Assent,capacity to Contract,consideration,and

Question 38

Question 38

True/False

An enforceable contract has four necessary elements: mutual assent,capacity to contract,consideration,and legal purpose.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q33: When a store places an advertisement in

Q34: A unilateral contract is formed when a

Q35: A negotiation to buy a car is

Q36: A promise that can be accepted only

Q37: Ralph calls Alice and asks her out

Q39: When Maria comes home from work,she finds

Q40: An offer may be terminated in all

Q41: If the offer specifies no time limit

Q42: The mailbox rule is a principle stating

Q43: Ally,a minor,purchases a car from a used-car

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines