The Objective Theory of Contracts Is Based on the Premise

question 62

Multiple Choice

The objective theory of contracts is based on the premise that:

• A)Even offers made in obvious jest can be the basis of a contract.
• B)Every contract must have a central object to it.
• C)Every contract must have consideration given by both parties.
• D)Whether the intent is present is based on how a reasonable person would view the parties' actions rather than on the actual intentions of the parties.
• E)The intent to be bound is determined after the parties have had a chance to perform the contract.

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