The Requirement That Each Party to a Contract Must Intentionally

question 43

Multiple Choice

The requirement that each party to a contract must intentionally exchange something of value as an inducement to the other party to make a return exchange is known as:

• A) mutual assent.
• B) consideration.
• C) legality of object.
• D) contractual capacity.

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Definitions:

Embrace

To accept something enthusiastically or willingly, often referring to ideas, changes, or opportunities.

Online Presentations

Presentations delivered over the internet using various tools and platforms to reach a remote audience.

Back Channeled

The practice of giving nonverbal or verbal cues during communication to indicate understanding, attentiveness, or agreement without interrupting the speaker.

Nonverbal Communication

The process of conveying messages or signaling information through means other than verbal words, such as body language or facial expressions.