Ellen offers to sell her math textbook to Julia for $50.Julia does not respond.Ellen and Julia do not have a contract because they lack the requirement of
A)agreement.
B)capacity.
C)consideration.
D)legality.

Question

Quizplus · Accepted Answer

For a contract to exist, there must be an agreement between the parties involved, which includes an offer and acceptance. In this scenario, Ellen offered to sell her math textbook to Julia for $50, but Julia did not respond, indicating that there was no agreement between them. Therefore, they lack the requirement of agreement for a contract to exist.

Ellen Offers to Sell Her Math Textbook to Julia for $50.Julia