Which of the Following Is Not a Requirement for a Valid

question 37

Multiple Choice

Which of the following is not a requirement for a valid contract?

• A) Mutual agreement
• B) Signatures of the parties
• C) Lawful purpose
• D) Consideration

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Definitions:

Land Victory

A military or strategic triumph achieved on land, typically in the context of a battle or war.

War Of 1812

A military conflict fought between the United States and Great Britain from 1812 to 1815, primarily over British restrictions on American trade and America's desire to expand its territory.

Protective Tariff

Duties levied on goods brought into a country to safeguard local businesses from overseas rivals by increasing the costs of these imports.

Independent Treasury System

The Independent Treasury System, established in the 1840s, was a system where the U.S. government kept its funds in its own vaults rather than in banks, aiming for financial stability.