K'Nect,Inc. ,makes an offer to Lori to enter into a contract to work as a salesperson for a certain salary plus commission for ninety days subject to a one-year renewal based on her performance.Lori accepts the offer.A valid contract requires
A)a price and a subject.
B)a duration and a termination.
C)an offer and an acceptance.
D)all of the choices.

Question

K'Nect,Inc. ,makes an offer to Lori to enter into a contract to work as a salesperson for a certain salary plus commission for ninety days subject to a one-year renewal based on her performance.Lori accepts the offer.A valid contract requires​
A)a price and a subject.
B)a duration and a termination.
C)an offer and an acceptance.
D)all of the choices.

Quizplus · Accepted Answer

A valid contract requires an offer and an acceptance, which are the essential elements for forming a contract.