The Elements of a Contract Include All of the Following

question 49

Multiple Choice

The elements of a contract include all of the following except:

• A) an agreement.
• B) two or more competent parties.
• C) consideration.
• D) an illegal purpose.

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Definitions:

Big Five

A model in psychology that describes personality using five broad traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality Factors

Fundamental traits or dimensions of personality that are consistent across different individuals and influence behavior and attitudes.

Gordon Allport

An influential psychologist renowned for his theory of personality that emphasizes the uniqueness of the individual and the importance of the present context.

Factor Analysis

A statistical method used to describe variability among observed, correlated variables in terms of a potentially lower number of unobserved variables, called factors.