TEXAS PROMULGATED CONTRACTS 2026
EXAMINERS QUESTIONS AND ANSWERS SURE A+
✔✔title policy - ✔✔a policy that protects homeowners (and likewise, lenders) from
certain financial losses due to title issues, such as defects, encumbrances, and liens
✔✔unenforceable contract - ✔✔a contract lacking the essential elements necessary to
be legally binding and obligate performance of a valid contract
✔✔unilateral contract - ✔✔a contract wherein one party makes a promise and is
obligated to perform if a second party chooses to accept the offer and perform in
exchange for that which was promised
✔✔valid contract - ✔✔a contract possessing the essential elements necessary to be
legally binding and obligate performance
✔✔void contract - ✔✔a contract lacking legal or binding force; often used with phrase
"null and void"
✔✔voidable contract - ✔✔a contract wherein the wronged party has the option to
perform, enforce, or void the contract
EXAMINERS QUESTIONS AND ANSWERS SURE A+
✔✔title policy - ✔✔a policy that protects homeowners (and likewise, lenders) from
certain financial losses due to title issues, such as defects, encumbrances, and liens
✔✔unenforceable contract - ✔✔a contract lacking the essential elements necessary to
be legally binding and obligate performance of a valid contract
✔✔unilateral contract - ✔✔a contract wherein one party makes a promise and is
obligated to perform if a second party chooses to accept the offer and perform in
exchange for that which was promised
✔✔valid contract - ✔✔a contract possessing the essential elements necessary to be
legally binding and obligate performance
✔✔void contract - ✔✔a contract lacking legal or binding force; often used with phrase
"null and void"
✔✔voidable contract - ✔✔a contract wherein the wronged party has the option to
perform, enforce, or void the contract
