Elements of a Contract: CONCUR, CONSENT, OBJECT, and Stages
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Questions and Answers

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.

<p>False</p> Signup and view all the answers

The essential elements of a contract include OBJECT, which can be a service that is contrary to law or public policy.

<p>False</p> Signup and view all the answers

The object of a contract can be a thing that is not within the commerce of men.

<p>False</p> Signup and view all the answers

During the consummation stage of a contract, all the essential elements of a contract are present.

<p>False</p> Signup and view all the answers

The essential element of CONCUR in a contract refers to the meeting of minds between the parties.

<p>False</p> Signup and view all the answers

The object of a contract can be a service that is moral and aligns with public policy.

<p>True</p> Signup and view all the answers

Negotiation and bargaining occur during the perfection stage of a contract.

<p>False</p> Signup and view all the answers

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