Which of the Following Is a Necessary Condition for a Contract

question 36

Multiple Choice

Which of the following is a necessary condition for a contract to be considered valid?

• A) It cannot be enforced by just one of the parties involved.
• B) It is enforceable by at least one of the parties.
• C) It can be voided by one of the parties.
• D) It can be voided by both parties.

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Definitions:

Decay

The process of gradual deterioration or the breakdown of organic matter by the action of bacteria and enzymes, or, in terms of memory, the fading of information over time.

Stored Information

Stored information refers to data or knowledge that has been saved and can be retrieved from an individual's memory or a storage device.

Deterioration

The process of becoming progressively worse, often referring to the condition of objects, health, or environmental quality.

Depth-Of-Processing

Refers to the idea that information is more likely to be remembered depending on the level of cognitive processing it undergoes, with deeper, more meaningful processing leading to better retention.