A contract that lacks one or more of the basic required elements of a contract or that has not been formed in conformance with the law from the outset of the agreement is considered
A) void.
B) voidable.
C) valid.
D) enforceable.

Question

Quizplus · Accepted Answer

A) A void contract is one that lacks one or more of the basic required elements of a
contract or that has not been formed in conformance with the law from the outset of the agreement and, thus, cannot be enforced by either party.
B) A void contract is one that lacks one or more of the basic required elements of a contract or that has not been formed in conformance with the law from the outset of the agreement and, thus, cannot be enforced by either party.
C) A void contract is one that lacks one or more of the basic required elements of a contract or that has not been formed in conformance with the law from the outset of the agreement and, thus, cannot be enforced by either party.
D) A void contract is one that lacks one or more of the basic required elements of a contract or that has not been formed in conformance with the law from the outset of the agreement and, thus, cannot be enforced by either party.

A Contract That Lacks One or More of the Basic