Which Two of the Following Are Necessary for a Valid

question 15

Multiple Choice

Which two of the following are necessary for a valid contract? I.A description of the scope of work.
II.An offer.
III.Legal subject matter and purpose.
IV.A counteroffer.

• A)I and II.
• B)I and III.
• C)I and IV.
• D)II and III.
• E)II and IV.

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Definitions:

Disaffirms

To legally reject or void a contract or agreement, especially one entered into by minors or under conditions that invalidate consent.

Disaffirmance

The legal right of a minor to void contracts or agreements entered into, under specific conditions.

Contractual Capacity

The legal ability of a person or entity to enter into a contract.

Ratify

To formally approve or confirm an agreement, treaty, or action, making it officially valid.