Today,what is an important element in determining the validity of a contract?

Question

Quizplus · Accepted Answer

Currently, an important element in determining the validity of a contract is whether the agreement might harm the public welfare. This is because contracts that are against public policy or illegal are generally not enforceable. The Uniform Contract Code (A) is a set of laws governing certain types of contracts, but it does not determine the validity of a contract in general. Whether a contract is wise or foolish (C) is subjective and not relevant to its validity. While unequal bargaining power between parties (D) can sometimes lead to an invalid contract, it is not always the case and therefore not the best answer.

Today,what Is an Important Element in Determining the Validity of a Contract