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Capacity To Contract

7 practice questionsBusiness LawStep-by-step solutions

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1

Besides offer, acceptance, consideration, and capacity, a valid contract also generally requires:

A.A government stamp
B.An intention to create legal relations
C.A lawyer present
D.A witness from each family
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2

A contract is generally considered void if its purpose is:

A.Profitable
B.Illegal or against public policy
C.Made in writing
D.Between two companies
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3

A contract whose purpose is unlawful is generally:

A.Enforceable
B.Void and unenforceable
C.Voidable by both parties
D.Binding on minors only
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