Which of the following elements is not necessary to the existence of every contract?
A. Mutual consent
B. Written agreement
C. Parties capable of contracting
D. Lawful objective
Answer: B. Written agreement
Business
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If a contract to sell real estate is signed by an agent, then the contract granting the agent
authority to sell the property must also be in writing in states that follow the equal dignity rule. Indicate whether the statement is true or false
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