Sales Corporation and Real Properties, Inc., agree to the payment of a commission for the sale of certain property. If this deal has all of the elements necessary for one of the parties to enforce it in court, it is
A) a valid contract.
B) a voidable contract.
C) a void contract.
D) an unenforceable contract.

Question

Sales Corporation and Real Properties, Inc., agree to the payment of a commission for the sale of certain property. If this deal has all of the elements necessary for one of the parties to enforce it in court, it is
A) ​a valid contract.
B) ​a voidable contract.
C) ​a void contract.
D) ​an unenforceable contract.

Quizplus · Accepted Answer

If the contract has all the necessary elements such as offer, acceptance, consideration, and mutual agreement, it is considered a valid contract and enforceable in court.