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Champions - Promulgated Contract Forms|255 Questions and Answers 100% Correct
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Champions - Promulgated Contract Forms|255 Questions and Answers 100% CorrectChampions - Promulgated Contract Forms|255 Questions and Answers 100% CorrectChampions - Promulgated Contract Forms|255 Questions and Answers 100% Correct Mutual Consent - ANSWER-Often referred to as a "meeting of the minds." Five Elements Of A Valid and Enforceable Contract - ANSWER-COLIC 1. Competent parties 2. Offer and acceptance (mutual consent) 3. Legal purpose 4. In writing (when required by law) 5. Consideration Unilateral Contract - ANSWER-Only one party is obligated to perform. A unilateral contract is said to lack mutuality.
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