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Promulgated Contracts Exam Study Guide with Questions and Answers
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Promulgated Contracts Exam Study Guide with Questions and Answers Executed and Executory contracts are differentiated by: A.by their structures. B. by their enforceability. C. their stages of fulfillment. D. by their validity. ANSWER Their stages of fulfillment Which of these is an exemption to the "legal capacity" requirement to form a contract? A. A contract for a life necessity. B. Neither of these is correct. C.Both of these are correct. D. The other party had no knowledge of the party's lack of legal capacity. ANSWER A contract for a life necessity A contract for non-life necessities with a person lacking legal capacity is: A. Unenforceable B. Valid C. Voidable D. Void ANSWER Voidable
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Promulgated Contract Forms
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Promulgated contract forms
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