Which of the Following Is Not an Element of a Contract

question 13

Multiple Choice

Which of the following is not an element of a contract?

• A)Signature
• B)Legality
• C)Offer
• D)Consideration

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Definitions:

Engineering Method

A systematic approach to planning, designing, and managing projects by applying engineering principles and practices.

Least Squares

A mathematical method used to find the best-fitting curve to a given set of points by minimizing the sum of the squares of the offsets ("the residuals") of the points from the curve.

Cost Estimation

The process of forecasting the costs associated with a project or production process before it begins.

Regression Analysis

Regression analysis is a statistical method used to examine the relationship between one dependent variable and one or more independent variables, predicting the former based on the latter.