Which of the Following References the Requirement That a Contract

question 78

Multiple Choice

Which of the following references the requirement that a contract not be either illegal or against public policy?

• A)Capacity
• B)Ethical requirement
• C)Legal object
• D)Illegal prohibition
• E)Consideration

---

Definitions:

Credo

A statement of the beliefs or aims that guide someone's actions.

Final Responsibility

The ultimate accountability for an action or decision, typically held by a leader or highest authority in an organization.

Conducting Business

The act of engaging in activities that produce goods or services to satisfy consumer demand and generate profit.

Transparency

The practice of being open, honest, and straightforward about various activities, making information accessible and understandable to stakeholders.