Which of the following is not characteristic of a valid contract?
A) It can be viewed as private law between the parties.
B) The parties must have the contract's terms approved by the appropriate court.
C) A court will enforce its terms if the parties do not voluntarily perform.
D) It will have at least two parties.
E) There must be mutual assent by the parties.

Question

Quizplus · Accepted Answer

The parties do not need to have the contract's terms approved by a court for it to be valid. However, they may choose to have a court review and enforce the contract if necessary.

Which of the Following Is Not Characteristic of a Valid