Elements of a Contract Include All of the Following Except

question 309

Multiple Choice

Elements of a contract include all of the following except:

• A) an agreement among the parties
• B) lawful subject matter
• C) consideration
• D) parties with legal capacity
• E) all of the other choices are elements

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Definitions:

Word Of Mouth

The process of consumers sharing information and opinions about products and services with others in their social networks, which significantly influences purchasing decisions.

Local Banker

A banker who operates within a specific regional area, often familiar with the local market and community-based financing needs.

Local College

A post-secondary institution usually offering a range of degrees and certificates primarily serving students in its surrounding geographical area.

Established Customer Base

A group of loyal customers a business has successfully developed over time, which forms the core of its regular buyers or clients.