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Texas Promulgated ContractsCHAMPIONS STUDY | Q&A Latest 2024/2025 | 100% PASS
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Texas Promulgated ContractsCHAMPIONS STUDY | Q&A Latest 2024/2025 | 100% PASS The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording - Answer -B A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory(b) Executed (c) Bilateral (d) Void - Answer -A In the business of real estate, ___________ is defined as something given in exchange for a promise. (a) Consideration (b) Mutual assent
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