The Only Requirement for a Valid Contract Is That the Parties

question 54

True/False

The only requirement for a valid contract is that the parties voluntarily entered into it.

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Definitions:

Lifeworld

An individual's personal perception of the world, formed through experiences, interactions, and socialization, emphasizing the subjective quality of everyday life.

Double-Consciousness

A concept describing the internal conflict experienced by subordinated or marginalized groups in trying to navigate two cultures.

African Americans

A racial or ethnic group in the United States with ancestry from the black racial groups of Africa.

Social Context

The sociocultural environment that surrounds individuals, influencing their behaviors, beliefs, and interactions.