Which of the Following Statements Is True About Contracts

question 30

Multiple Choice

Which of the following statements is true about contracts?

• A)The offeror is the party to whom an offer to enter into a contract is made.
• B)An offeree is the authority that supervises the signing of a contract.
• C)A contract is created when the offer is made and before it is accepted.
• D)To have an enforceable contract, there must be mutual assent by the parties.

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Definitions:

Disposed

Having a particular inclination or tendency towards something, either naturally or through conditioning.

Positive Critical Thinking

The practice of engaging in reflective and independent thinking in a constructive manner.

Exact Result

The precise outcome of a calculation, measurement, or process.

Strong Critical Thinking Disposition

The consistent inclination or tendency to engage in the process of evaluating information and arguments in a logical and unbiased manner.