Which of the Following Is a Necessary Condition for a Contract

question 4

Multiple Choice

Which of the following is a necessary condition for a contract to be considered valid?

• A)It can be voided by both parties.
• B)It can be voided by one of the parties.
• C)It is enforceable by both parties.
• D)It is enforceable by at least one of the parties.

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Definitions:

Collectivistic

A social pattern where individuals prioritize the needs and goals of the group over personal desires or ambitions.

Communalist

A person who advocates or practices communal living or shares a belief in the benefits of communal ownership and control.

Fascist

Describes an authoritarian and nationalistic right-wing system of government and social organization.

Anarchists

Extreme individualists who believe that all government or organization of society should exist only voluntarily and that individuals should govern themselves.