_______________ is one of the essential elements of a valid contract.
A) Legality of purpose
B) Parol evidence
C) Reasonable claim
D) Memorandum of belief

Question

Quizplus · Accepted Answer

Legality of purpose is one of the essential elements of a valid contract, meaning that the purpose or subject matter of the contract must not be illegal or against public policy. The other choices are not essential elements of a valid contract. Parol evidence refers to evidence outside of the written contract, reasonable claim is subjective and may not be applicable in all contracts, and memorandum of belief is not a recognized legal concept.

_______________ Is One of the Essential Elements of a Valid