Which of the following is a necessary condition for a contract to be considered valid?
A) It cannot be enforced by just one of the parties involved.
B) It is enforceable by at least one of the parties.
C) It can be voided by one of the parties.
D) It can be voided by both parties.

Question

Quizplus · Accepted Answer

For a contract to be considered valid, it must be enforceable by at least one of the parties involved. A contract that cannot be enforced by any of the parties would not be considered valid. The other choices are not necessary conditions for a contract to be considered valid.

Which of the Following Is a Necessary Condition for a Contract