Which of the Following Is an Essential Element in Determining

question 14

Multiple Choice

Which of the following is an essential element in determining the validity of a simple contract?

• A) Genuine consent.
• B) Consideration.
• C) Legality of purpose and form.
• D) Legal capacity.

Understand the importance and characteristics of authentic family engagement events.

Identify effective strategies for recruiting and retaining school volunteers.

Learn the significance of family feedback through focus groups and how it influences school practices.

Recognize the needs and effective engagement strategies of diverse family groups within the school community.

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Definitions:

Invisible Hand

A term coined by Adam Smith to describe the self-regulating nature of the marketplace, where individuals' pursuit of self-interest leads to the benefit of society at large.

Adam Smith

An 18th-century Scottish economist known as the father of modern economics, best remembered for his theory of the invisible hand.

Wealth Of Nations

A seminal book by Adam Smith, published in 1776, that discusses what builds nations’ wealth, emphasizing the importance of a free market economy.

Virtues

Moral excellence and righteousness; qualities of character that are deemed to be morally good or desirable in a person.