Which of the Following Is True About a Contract

question 8

Multiple Choice

Which of the following is true about a contract?

• A) It need not necessarily be an agreement.
• B) It need not necessarily be entered into by parties having capacity to contract.
• C) It must be voluntarily entered into, and it is to perform a legal act.
• D) It must always be supported by consideration.

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Definitions:

Anthropomorphized

The attribution of human characteristics or behavior to non-human entities, objects, or concepts.

Animism

The belief that non-human entities, such as animals, plants, and inanimate objects, possess a spiritual essence.

Need For Uniqueness

The drive to stand out or be distinguished from others, influencing consumer preferences and behaviors.

Neo-Freudians

A group of psychologists who expanded upon Sigmund Freud's theories, focusing more on social and cultural factors influencing personality.