The basic elements of a contract are: offer, acceptance, fair value, lawful subject matter, and genuine consent.
Correct Answer:
Verified
Q13: The Uniform Commercial Code has significantly influenced
Q14: An offer is made to the offeree.
Q15: An effective offer requires a clear manifestation
Q16: An implied contract is based on promises
Q17: The basic elements of a contract are:
Q19: The Restatement of Contracts is an authoritative
Q20: Preliminary negotiations are generally considered to create
Q21: Offers may be terminated by the destruction
Q22: If a printed advertisement states the price
Q23: If the offeree accepts an offer through
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