What are five essential elements a contract must have to be enforceable?
A) Time of performance, legal purpose, quantity, liquidated damages, and quantity.
B) Consideration, capable parties, location, time of performance, and quantity.
C) Consideration, beginning date, end date, capable parties, and quantity.
D) Subject matter, location, consideration, mutual assent, and quantity.
E) Consideration, offer and acceptance, legal purpose, capable parties, and mutual asset.
Correct Answer:
Verified
Q7: Implied agency is also known as:
A)Express agency.
B)Authorized
Q8: Which of the following types of contracts
Q9: Where there is an agency relationship, the
Q10: Will a court enforce a contract that
Q11: Caveat emptor means:
A)"Seller beware."
B)"No return without a
Q13: The law of agency is concerned with:
A)The
Q14: A sole proprietorship has which of the
Q15: A public company is:
A)A company that is
Q16: Diana was selling $500 tickets to her
Q17: A long-term, unsecured debt instrument that is
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