Texas Promulgated Contracts Champions Exam Study Guide with Questions and Answers
Texas Promulgated Contracts Champions Exam Study Guide with Questions and Answers 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
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texas promulgated contracts champions exam study