10 Questions
In a contract, the essential element of CONCUR refers to the meeting of minds between the parties.
False
The object of a contract can be a right that is not transmissible by its nature.
False
The perfection stage of a contract is where the terms of the contract are implemented.
False
During the preparatory stage of a contract, all the essential elements of a contract are present.
False
The essential elements of a contract include OBJECT, which can be a service that is contrary to law or public policy.
False
The object of a contract can be a thing that is not within the commerce of men.
False
During the consummation stage of a contract, all the essential elements of a contract are present.
False
The essential element of CONCUR in a contract refers to the meeting of minds between the parties.
False
The object of a contract can be a service that is moral and aligns with public policy.
True
Negotiation and bargaining occur during the perfection stage of a contract.
False
Test your knowledge of the essential elements of a contract, including CONCUR, CONSENT, OBJECT, and the stages of a contract, from the preparatory stage to the perfection stage. Learn about the key components of a valid contract and how they are formed. Identify the types of objects that can be part of a contract, including things, rights, and services.
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