Which of the Following Is Not One of the Four

question 89

Multiple Choice

Which of the following is not one of the four basic conditions or elements that a contract must meet in order to be binding?

• A) Legality
• B) Agreement
• C) Capacity
• D) Formal documentation

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Definitions:

Price Charged

The amount of money demanded or set as payment for the sale of a good or service.

Hardware Stores

Retail businesses specializing in selling tools, building materials, and home improvement products.

Tools

Instruments or software used to perform tasks or functions, especially in the context of technical or specialized processes.

Independent Populations

Two or more populations that do not affect each other, such that measurements from one population are not related to measurements from the others.