Validating a Contract
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Please help with the following problems regarding validating contracts.
7. In order for a contract to be valid, it must
a. Be made by a writing signed by adults.
b. Be fully performed on both sides.
c. Contain an offer, acceptance, and consideration.
d. Be properly filed.
8 Generally, which of the following statements relating to contractual capacity is correct?
a. Persons with full competence make enforceable contracts.
b. People with limited competence make void contracts.
c. People with no competence make voidable contracts.
d. Minors make void contracts.
e. People who have been adjudicated insane make voidable contracts.
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Solution Summary
This solution helps with various multiple choice problems regarding contract law. References are given for each.
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7. In order for a contract to be valid, it must
c. Contain an offer, acceptance, and ...
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