Which of the Following Statements Is FALSE with Respect to Contracts

question 6

Multiple Choice

Which of the following statements is FALSE with respect to contracts?

• A)The parties to a valid contract must have the legal capacity to contract
• B)Each party to the contract must offer consideration
• C)The purpose of the contract must not be for an illegal object
• D)Each party to the contract must have a serious intention to create a contract
• E)All of the above

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Definitions:

Dependent Variable

A variable in a scientific experiment that is affected by another variable, called the independent variable, and is measured or observed.

Independent Variable

A variable in an experiment or model that is manipulated or changed to observe its effect on a dependent variable.

SST

In the context of statistics, often short for Sum of Squares Total, representing the total variability of a dataset.

Estimated Regression Equation

A formula that predicts a dependent variable based on one or more independent variables.