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An Enforceable Contract Requires (1) That the Parties Be Legally

Question 3

Multiple Choice

An enforceable contract requires (1) that the parties be legally competent to enter into a contract; (2) a valid offer and acceptance which results in a meeting of the parties' minds concerning the subject of their contract; (3) the exchange of legal consideration, plus:


A) that the contract be in writing.
B) that the parties were not intoxicated when the contract was made.
C) that money be given to bind the promisor.
D) that the acceptance of the offer must be qualified.
E) none of the above.

Correct Answer:

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