Among the Requirements for a Valid Contract, Courts Generally Presume

question 40

Multiple Choice

Among the requirements for a valid contract, courts generally presume the existence of

• A) remedies.
• B) agreement.
• C) consideration.
• D) contractual capacity.

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Definitions:

Privilege

Special rights or advantages available only to a particular person or group of people.

Positive Aspects

Describes the beneficial qualities or positive outcomes of a situation, individual, or concept, highlighting its advantages or valuable effects.

Negative Aspects

Features or characteristics of a situation, phenomenon, or concept that are detrimental, harmful, or undesirable.

Social Construction

The theory that aspects of our reality, including knowledge, are not inherent but are created through social interactions and cultural norms.