If a person agrees to sell someone a brand new Cadillac for $100, this becomes a valid, binding contract.

Name: If a person agrees to sell someone a brand new Cadillac for $100, this becomes a valid, binding contract.
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Question

Quizplus · Accepted Answer

A contract becomes valid and binding if it includes an offer, acceptance, consideration (in this case, $100 for the Cadillac), and mutual consent, regardless of how unusual the terms may seem.

If a Person Agrees to Sell Someone a Brand New