Ask Question
BusinessBusiness
20 July, 11:15

A valid contract does not exist if the contract is a promise of/to:

+4
Answers (1)
  1. 20 July, 11:42
    0
    The three essential characteristics of any valid consideration are:

    Legality, adequacy, and the possibility of performance

    Based on this:

    A valid contract does not exist if the contract is a promise of/to: perform any illegal act
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A valid contract does not exist if the contract is a promise of/to: ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The president wishes to increase spending for education by $4 billion but also maintain a balanced budget. Therefore, taxes will also be increased by $4 billion. What will happen to GDP?
Answers (1)
Which of the following is not a characteristic of monopolistic competition? a. few artificial barriers to entry c. homogenous products b. large number of firms d. slight control over price
Answers (1)
True or false: Income tax is deducted from an employees paycheck
Answers (1)
Amram Inc. can issue a 20-year bond with a 6% annual coupon at par. This bond is not convertible, not callable, and has no sinking fund.
Answers (1)
The management of a popular tourist resort on the West Cost had noticed a decline in the number of tourists and length of stay over the past three years.
Answers (1)
New Questions in Business
The United States has a comparative advantage in the production of wheat, and Haiti has a comparative advantage in the production of sugar. If both countries specialize based on the theory of comparative advantage
Answers (1)
If the demand curve is very elastic and the supply curve is very inelastic in a market, then the sellers will bear a greater burden of a tax imposed on the market, even if the tax is imposed on the buyers. A. True B. False
Answers (1)
Which of the following doesnotdescribe intangible assets? a. They lack physical existence. b. They are financial instruments. c. They provide long-term benefits. d. They are classified as long-term assets.
Answers (1)
Women in the us can be denied employment because of pregnancy
Answers (1)
Suppose winston's annual salary as an accountant is $60,000, and his financial assets generate $4,000 per year in interest.
Answers (1)
Home » Business » A valid contract does not exist if the contract is a promise of/to:
Sign Up Forgot Password?