Elements of a contract Study guides, Class notes & Summaries
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![Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.](/docpics/64554af2bacf5_2702859.jpg)
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023. 
 
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 
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 
 
(...
![Georgia Adjuster Exam Questions and Answers Already Passed](/docpics/63eb610871b18_2369832.jpg)
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Georgia Adjuster Exam Questions and Answers Already Passed
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Georgia Adjuster Exam Questions and Answers Already Passed 
An insured's business is damaged because of a fire and he is forced to close business temporarily for repairs. As a result the insured lost income. What type of loss is this? Consequential also known as Indirect Loss 
The insured crashes into a porch and the person sitting on the porch. The person on the porch is injured. The insured's insurance policy has a limit set at $500,000. This amount applies to the total of damages for any bo...
![CAS1501 Assignment 4 (ANSWERS) Semester 2 2023 - DISTINCTION GUARANTEED](/docpics/2415607/65108f6d998c7_2415607_121_171.jpeg)
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CAS1501 Assignment 4 (ANSWERS) Semester 2 2023 - DISTINCTION GUARANTEED
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CAS1501 Assignment 4 (ANSWERS) Semester 2 2023 - DISTINCTION GUARANTEED Answers, guidelines, workings and references ......................Study the following video transcription; 
 
 
-rolling right it's enough 
-grand corruption at the highest level for the longest time and sadly the consequences of the staff will 
still be felt for many years to come 
-let me refresh your memories 
-state capture is much more than just corruption it sets out to repurchase key constitutional functions 
in o...
![Bail Bonds Louisiana Exam With 100% Correct Answers 2023](/docpics/3743027/65424fbbe1d00_3743027_121_171.jpeg)
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Bail Bonds Louisiana Exam With 100% Correct Answers 2023
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Bail Bonds Louisiana Exam With 100% Correct Answers 2023 
Acquit - Correct Answer-to set free:to judicially discharge from an acquisition;to clear (a person) of a criminal charge 
 
Bail Enforcement - Correct Answer-the apprehension or surrender of a principal by a natural person who is released on bail or who has failed to appear at and state of the proceedings to answer to the charge before the court, in which he may be prosecuted 
 
obligor - Correct Answer-the party who owes the duty or debt...
![BUL 4421 Final - FAU Gendler Exam Questions With Complete Solutions](/docpics/4699786/65eb69dad8f4a_4699786_121_171.jpeg)
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BUL 4421 Final - FAU Gendler Exam Questions With Complete Solutions
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BUL 4421 Final - FAU Gendler Exam 
Questions With Complete Solutions 
CHAPTER 13: Introduction to Contracts - answerCHAPTER 13: Introduction to Contracts 
Four Elements of a Contract: CLAC - answer1. Contractual Capacity 
2. Legal Object 
3. Agreement (offer, acceptance) 
4. Consideration 
Contract - answer-A promise or set of legally enforceable promises for the breach of which 
the law gives a remedy or the performance of which the law in some way recognizes a duty. 
Agreement - answer(Offer &...
![CLC 059 Exam With Correct Questions & Answers](/docpics/642ab8fc615de_2547781.jpg)
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CLC 059 Exam With Correct Questions & Answers
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" 
Which of the following are key. recommended resources for subcontracting compliance management? ( Select three that apply.) - ANSWER "Small Business Administration (SBA) website 
 
Defense Contract Management Agency (DCMA) website 
 
Defense Federal Acquisition Regulation Supplement (DFARS) 
 
" 
Which of the following contracts is required to submit a small business subcontracting plan? Each contract has subcontracting possibilities. - ANSWER $1 million services contract awarded to anothe...
![Practice Exam for CAIB 1 Latest 2023 with complete solution](/docpics/63d84ecbf00f4_2318607.jpg)
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Practice Exam for CAIB 1 Latest 2023 with complete solution
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1.	Insurers are in the business of assuming the financial risks of others which involves entering into a formal contract. A contract is enforceable at law only when all legal elements have been observed. Insurance contracts differ from other formal agreements and are subject to what three additional elements?: Insurable Interest 
Utmost Good Faith Indemnity 
2.	Explain the meaning and disadvantage of the following approaches: Avoid- ance of Risk & Control of Risk: Avoidance: Avoidance means that...
![Test Bank for Business Law in Canada, 13th edition by Richard A. Yates](/docpics/3148398/64c435ba5e484_3148398_121_171.jpeg)
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Test Bank for Business Law in Canada, 13th edition by Richard A. Yates
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Test Bank for Business Law in Canada, 13th edition 13ce by Richard A. Yates, Trevor Clarke, Angus Ng. ISBN-13: 1772 
 
Full Chapters test bank are included 
 
Managing Your Legal Affairs 
Introduction to the Legal System 
The Resolution of Disputes: The Courts and Alternatives to Litigation 
Intentional Torts and Torts Impacting Business 
Negligence, Professional Liability, and Insurance 
The Elements of a Contract: Consensus and Consideration 
The Elements of a Contract: Capac...
![Promulgated Contract Forms - Champions School Of Real Estate Latest Test](/docpics/64091c71dafd8_2451824.jpg)
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Promulgated Contract Forms - Champions School Of Real Estate Latest Test
- Exam (elaborations) • 6 pages • 2023
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Promulgated Contract Forms - Champions 
School Of Real Estate Latest Test 
Mutual consent a "meeting of the minds" 
Unilateral Contract A contract in which only one party Is obligated to perform. one 
sided 
Consideration something given in exchange for a promise 
Option an agreement between a buyer and seller giving the buyer the right to 
purchase a property at a preset price for a given period of time 
Unenforceable Contract a contract that cannot be enforced due to some flaw or 
other issu...
![Defense Acquisition University CON 170 MIDTERM EXAM Q&A.](/docpics/2927217/6490c19c2d49e_2927217_121_171.jpeg)
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Defense Acquisition University CON 170 MIDTERM EXAM Q&A.
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CON 170 Fundamentals of Cost and Price Analysis MIDTERM EXAM_2023. 
1. Which of the following statements most closely summarizes government pricing objectives? 
b. Acquire goods and services from responsible sources at fair and reasonable prices. 
2. As a contract specialist, you should be aware that: 
a) Different sellers in the same market may have different pricing objectives and approaches. 
b) Sellers in different markets often have different approaches to contract pricing. 
c) A single fir...
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