All of the Following Are Key Elements of an Enforceable

question 33

Multiple Choice

All of the following are key elements of an enforceable contract except:

• A)consideration
• B)the RFP
• C)the offer
• D)the acceptance

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Definitions:

Fallacy of Composition

The logical error of assuming what is true of a part is also true for the whole.

Economic Activity

Any actions that involve the production, distribution, and consumption of goods and services within an economy.

Association

A group or organization formed for a specific purpose, or a connection between two or more concepts.

Causation

The relationship between cause and effect where one event directly results in another.