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

You might also like to view...

________ logistics concerns the methods consumers use to send products to a producer for return or repair

A) Inbound B) Reverse C) Outbound D) Vertical E) Horizontal

Business

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

Business