Under Which of the Following Conditions Is a Contract Said

question 57

Multiple Choice

Under which of the following conditions is a contract said to have legal value?

• A) the promisor receives a legal benefit
• B) the promisor suffers a legal detriment
• C) both promisor and promisee receives a legal benefit
• D) both promisor and promisee suffers a legal detriment

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Definitions:

Nomothetic Approach

A scientific approach that seeks general laws and principles through the study of groups of individuals.

Secondary Traits

Personality traits that are less central to an individual's identity and more situational or context-dependent.

Achievement Needs

A person's desire for significant accomplishment, mastery of skills, control, or high standards.

Personality Theorist

A psychologist or scholar who specializes in the study of personality, developing theories to explain personal identity and individual differences.