Asked by
LESSLY FLORES RIVERA
on Nov 10, 2024
Verified
Which of the following is an ingredient necessary to form a contract?
A) Exemption clauses
B) Assignment
C) Capacity
D) Moral
E) Fairness
Capacity
The legal ability of an individual or organization to enter into a contract, including being of the required age and sound mind.
Exemption Clauses
Provisions in a contract that limit or exclude one party's liability for certain breaches or damages.
- Analyze the importance of capacity, consideration, and intention in forming a contract.
Verified Answer
CC
Learning Objectives
- Analyze the importance of capacity, consideration, and intention in forming a contract.