A Binding Contract Requires

question 1

Multiple Choice

A binding contract requires:

• A) Capacity, offer, acceptance, consideration, agreement, legality
• B) Capacity, offer, acceptance, money, agreement, legality
• C) Offer, acceptance, consideration, written agreement
• D) Specifications and payment terms

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Definitions:

Nikita Khrushchev

A Soviet statesman who led the Soviet Union during part of the Cold War as the First Secretary of the Communist Party of the Soviet Union from 1953 to 1964 and as Chairman of the Council of Ministers from 1958 to 1964.

Segregated

The enforced separation of different racial, ethnic, or socioeconomic groups within society, often resulting in discrimination or inequality.

Realtors

Professional real estate agents who are members of the National Association of Realtors and adhere to its code of ethics while facilitating the buying, selling, or renting of property.

Contracts

Legally binding agreements between two or more parties that are enforceable by law, typically involving the exchange of goods, services, money, or promises.