Statement A: Cause or consideration must always be expressly stated in a contract. Statement B: Contract pour autrui is one of the exceptions to the relativity of contracts. Only S... Statement A: Cause or consideration must always be expressly stated in a contract. Statement B: Contract pour autrui is one of the exceptions to the relativity of contracts. Only Statement 'A' is true. Neither is true. Only Statement 'B' is true. Both statements are true.
Understand the Problem
The question presents two statements related to contract law and asks which of them is true. It involves evaluating the accuracy of each statement in the context of legal principles.
Answer
Only Statement 'B' is true.
Only Statement 'B' is true.
Answer for screen readers
Only Statement 'B' is true.
More Information
Statement 'A' is incorrect because cause or consideration does not need to be explicitly stated in a contract as long as it exists. Statement 'B' is true because 'contract pour autrui' is an exception to the doctrine of relativity of contracts, allowing a third party to benefit from the contract.
Tips
A common mistake is to assume that all elements of a contract must always be explicitly stated, but certain elements, like consideration, can be implied.
Sources
- Understanding Contract Validity and Elements: A Guide - coursesidekick.com
- Comprehensive Review of Business Law Principles - coursesidekick.com
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