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What Are Five Essential Elements a Contract Must Have to Be

Question 12

Multiple Choice

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.

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