Assuming That All Other Elements of a Contract Are Present

question 104

Multiple Choice

Assuming that all other elements of a contract are present, which of the following would most likely be held to be a binding contract, considering only the requirement that the object of a contract must be legal and not contrary to the public interest?

• A) An insurance policy paid by a shareholder to insure the business premises of a company he holds shares in
• B) A life insurance policy bought by Harvey insuring the life of his neighbour Kneival without Kneival's consent
• C) An agreement to pay $500 to Mildred if Mildred spreads the false rumour that Helen, a nurse, has AIDS
• D) A provision in a contract of employment where the employee agrees that, upon leaving, he will not work in a similar business anywhere for 5 years
• E) An agreement in which Fred agrees not to bother his father anymore

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Definitions:

Extroversion

A personality trait characterized by sociability, talkativeness, assertiveness, and high levels of energy and enthusiasm.

Generativity

A concern for establishing and guiding the next generation, often observed in middle adulthood.

Caregiving

The activity or profession of regularly looking after a child or a sick, elderly, or disabled person, often involving emotional and physical support.

Parenthood

The state or experience of having and raising a child, involving responsibilities such as care, love, and guidance.