Contract Law Fundamentals

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Questions and Answers

Which one of these is an essential element of a contract?

  • Real estate purchase
  • Enforceable contract
  • Offer (correct)
  • Minor buyer

What is the agreement to the terms of an offer called?

  • Minor buyer
  • Real estate purchase
  • Enforceable contract
  • Acceptance (correct)

Why was Patrick's contract not enforceable?

  • Because the contract was in writing
  • Because it was a real estate purchase
  • Because the seller accepted the offer
  • Because the buyer was a minor (correct)

Which one of these is NOT an essential element of a contract?

<p>Minor buyer (A)</p> Signup and view all the answers

What is a contract that can be legally enforced called?

<p>Enforceable contract (D)</p> Signup and view all the answers

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