QuestionMay 3, 2025

Which is the best definition of contract? A legally enforceable agreement An agreement where value is exchanged An agreement between two people over the age of majority An agreement made over alcohol consumption

Which is the best definition of contract? A legally enforceable agreement An agreement where value is exchanged An agreement between two people over the age of majority An agreement made over alcohol consumption
Which is the best definition of contract?
A legally enforceable agreement
An agreement where value is exchanged
An agreement between two people over the age of majority
An agreement made over alcohol consumption

Solution
4.4(266 votes)

Answer

A legally enforceable agreement Explanation A contract is primarily defined as a legally enforceable agreement between parties. While value exchange and age considerations are relevant, they do not encompass the full legal definition of a contract.

Explanation

A contract is primarily defined as a legally enforceable agreement between parties. While value exchange and age considerations are relevant, they do not encompass the full legal definition of a contract.
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