Multiple Choice
Which of the following is not necessary for a contract to be binding?
A) Signing parties must have their signatures notarized.
B) Signing parties must exchange something of value or agree not to do something they are legally entitled to do.
C) Both parties must sign the contract.
D) Witnesses must be present.
E) All of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q17: Why are contracts useful to business owners?
Q36: Work-made-for-hire means you are giving up the
Q37: Federal, state and local _ may apply
Q38: The time period in which legal action
Q39: Tax-exempt, nonprofit corporations _.<br>A) Are set up
Q39: Explain the difference between a copyright and
Q40: In limited liability companies _.<br>A) Income is
Q44: How is a legal entity, such as
Q45: The four "A's" of a successful contract
Q46: The power of a contract is that,