Which of the Following Is NOT One of the Requirements

question 16

Multiple Choice

Which of the following is NOT one of the requirements of a legal contract?

• A)Mutual agreement
• B)Both parties must possess legal capacity to assume contractual duties
• C)Each agrees not to cause harm or unreasonable risk to the other party
• D)Each must exchange something of legal value

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Definitions:

Business Approach

A method or strategy adopted by a company or organization to achieve its objectives and maximize success.

Logical Incrementalism

A strategy-making process that involves making decisions step-by-step based on logic and orderly sequencing.

General Acceptance

General acceptance pertains to the widespread approval or agreement by a majority within a particular group or society.

Organizational Change

Change that a group of people must learn to accept and implement.