To create a legally binding contract, both parties to the agreement must be
A) able to read and write.
B) able to speak and understand English.
C) financially responsible people.
D) of sound mind.
Correct Answer:
Verified
Q15: A voidable contract is completely enforceable against
Q16: Four essential elements are necessary to create
Q17: A quasi contract is not a real
Q18: An executory contract is one that has
Q19: An express contract is one in which
Q21: A check is an example of a
A)
Q22: Grimes promised to give Marks, his niece,
Q23: Martin promised Bellis $50 if Bellis found
Q24: Able offers to sell his used motorcycle
Q25: Joy orally promised to pay Toth $150
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