ContractsContract_essentialsMEDIUM
A written purchase agreement contains lawful terms, consideration, competent parties, and proper signatures. How would its legal status best be described?
Correct Answer
B) Enforceable contract
Enforceable contract is correct because the facts match a valid contract that can be compelled or recognized by a court. That is the best description of the relationship, right, or legal concept tested here.
Answer Options
A
OfferB
Enforceable contractC
AcceptanceD
ConsiderationWhy This Is the Correct Answer
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Deep Analysis of This Contracts Question
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Background Knowledge for Contracts
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Real World Application in Contracts
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Related Topics & Key Terms
Key Terms:
contract_essentialscontractsenforceable_contractcontract_status
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