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Which of the following are necessary for Rachel and Amanda to form a valid contract?

a.
consideration
b.
legal capacity
c.
legality of object
d.
all of these choices
e.
mutual assent

User Un Homme
by
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1 Answer

1 vote

Final answer:

Rachel and Amanda need mutual assent, consideration, legal capacity, and legality of object to form a valid contract. The correct choice is 'all of these choices' as these elements are all necessary to enter into a contract.

Step-by-step explanation:

Rachel and Amanda need to meet several key elements to form a valid contract. These include:

  • Mutual assent: Both parties must agree to the terms of the contract, typically evidenced by an offer and acceptance.
  • Consideration: There must be something of value exchanged between the parties, whether it's goods, services, or a promise.
  • Legal capacity: Both parties must have the legal ability to enter into a contract, meaning they are of sound mind and not minors, for instance.
  • Legality of object: The contract's purpose must be lawful. A contract for an illegal service or product is invalid.

To answer the specific question, the correct choice is d. all of these choices as all listed elements are necessary to form a valid contract.

User Stan Lin
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