The best, simple definition of a contract is:
A. An objective “meeting of minds.”
B. A negotiated two-party agreement upon which each party will act or refrain from acting.
C. A document reflecting a “meeting of the minds” between two or more competent parties.
D. None of these
Answer:D
The best, simple definition of a contract is:
A. An objective “meeting of minds.” B. A negotiated two-party agreement upon which each party will act or refrain from acting. C. A document reflecting a “meeting of the minds” between two or more competent parties. D. None of these