A distinction must always be drawn between the substance of a contract and its
A)parties.
B)benefits.
C)principles.
D)form.
E)beneficiaries.

Question

Quizplus · Accepted Answer

The substance of a contract refers to the essential terms and conditions that form the agreement between the parties. The form of a contract, on the other hand, deals with the way in which the agreement is expressed or recorded, such as whether it is written or oral. Therefore, the distinction between the substance and the form of a contract is important, as it affects the validity and enforceability of the agreement.

A Distinction Must Always Be Drawn Between the Substance of a Contract