Multiple Choice
Assuming that all other elements of a contract are present, which of the following would most likely be held to be a binding contract, considering only the requirement that the object of a contract must be legal and not contrary to the public interest?
A) A life insurance policy bought by Harvey insuring the life of his neighbour Kneival without Kneival's consent
B) A provision in a contract of employment where the employee agrees that, upon leaving, he will not work in a similar business anywhere for 5 years
C) An agreement in which Fred agrees not to bother his father anymore
D) An insurance policy paid by a shareholder to insure the business premises of a company he holds shares in
E) An agreement to pay $500 to Mildred if Mildred spreads the false rumour that Helen, a nurse, has AIDS
Correct Answer:

Verified
Correct Answer:
Verified
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