In Common Law,which of the Following Together Form Mutual Assent

question 94

Multiple Choice

In common law,which of the following together form mutual assent?

• A)Legality and enforceability
• B)Capacity and legality
• C)Offer and acceptance
• D)Offer and consideration
• E)Acceptance and consideration

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Definitions:

Petrochemical Firm

A company involved in the production of chemical products derived from petroleum and natural gas.

Oil Reserves

Quantified estimates of the amount of crude oil located in a specific economic region that can be recovered and sold under current economic and technological conditions.

Hostile Takeovers

Attempts by a company to acquire another company against the wishes of the target company's management and board of directors.

Poison Pills

Strategies used by companies to deter unwanted takeover bids by making the company less attractive to the potential acquirer.