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

Comprehend the requirements of good faith and fair dealing under the Uniform Commercial Code for both merchants and non-merchants.

Analyze the rights and duties of parties in a contract when unforeseen circumstances impact the delivery of goods.

Identify and apply the criteria related to breach of contract and the consequences thereof, including the rights to withhold, resell, or recover damages.

Recognize and list exceptions to title warranties under the Uniform Commercial Code.

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Definitions:

Homophobia

A range of negative attitudes, feelings, or actions directed against homosexuality or people who are perceived as being lesbian, gay, bisexual, or transgender (LGBT).

Gender

A social and cultural construct related to behaviors, roles, expectations, and identities that societies assign to individuals based on perceived biological sex.

Sociologist

An expert in or student of sociology, which is the study of the development, structure, and functioning of human society.

Hegemonic

Relating to or denoting the domination of one social group or nation over others, often manifesting in cultural, economic, or political influence.