Which of the following is not a condition in the determination of when a valid contract exists: O The payment terms are identified. O The contract has to be in writing. O The parties have approved the contract. O It is probable that the consideration will be collected.
Which of the following is not a condition in the determination of when a valid contract exists: O The payment terms are identified. O The contract has to be in writing. O The parties have approved the contract. O It is probable that the consideration will be collected.
Business Its Legal Ethical & Global Environment
10th Edition
ISBN:9781305224414
Author:JENNINGS
Publisher:JENNINGS
Chapter13: Contracts And Sales:performance And Remedies
Section13.2: Contract Performance
Problem 4CQ
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![Which of the following is not a condition in the determination of when a valid contract exists:
O The payment terms are identified.
O The contract has to be in writing.
O The parties have approved the contract.
O It is probable that the consideration will be collected.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F98f2cd1f-a250-443f-8f47-8dc5c467026b%2Fa120497d-2099-43e1-94e1-991781463a4f%2Futz9kej_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which of the following is not a condition in the determination of when a valid contract exists:
O The payment terms are identified.
O The contract has to be in writing.
O The parties have approved the contract.
O It is probable that the consideration will be collected.
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