To Have a Binding Contract, Which of the Following Is

question 17

Multiple Choice

To have a binding contract, which of the following is a necessary element?

• A)Mutual assent
• B)Capacity
• C)Both a and b
• D)None of the above

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Definitions:

Cognitive Ability

Cognitive ability refers to the capacity of the brain to think, reason, solve problems, and process information.

Adulthood

The period in human development after adolescence, characterized by fully developed physical growth, maturity, and acceptance of adult responsibilities.

Recognize New Information

The cognitive process of identifying and understanding previously unseen data or facts.

Stress Episode

A specific instance or period in which an individual experiences physical or psychological stress, characterized by feelings of tension, pressure, and anxiety.