An agreement that does not meet all five of the requirements for a valid contract is known as an unenforceable contract.
Correct Answer:
Verified
Q3: An executory contract is defined as:
A)a contract
Q4: The failure of a party to perform
Q5: One may have rights and obligations imposed
Q6: When a contract is required to be
Q9: The Uniform Commercial Code makes no distinction
Q13: Which of the following is not a
Q14: The law states that a unilateral contract
Q16: Which of the following best describes the
Q17: All agreements are contracts.
Q18: Which of the following is true of
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