13. For a contract to be enforceable, which of the following is/are needed? A. a

Question

13. For a contract to be enforceable, which of the following is/are needed?

A. agreement and consideration

B. agreement, consideration, contractual capacity, a lawful objective, and fairness to all parties

C. agreement, consideration, contractual capacity, and a lawful objective

D. agreement, consideration, and contractual capacity

E. agreement

14. Bill contracted to sell some real estate to Hank. However, Bill died before the conveyance was completed. Which of the following is correct?

A. Bill's performance was impossible; therefore, the contract is not enforceable

B. Hank can enforce the contract against Bill's estate.

C. Hank will be directed by the court to end the contract

D. Bill is excused for nonperformance

E. None of the above is correct

Explanation / Answer

13. For a contract to be enforceable, which of the following is/are needed?

A. agreement and consideration

B. agreement, consideration, contractual capacity, a lawful objective, and fairness to all parties

C. agreement, consideration, contractual capacity, and a lawful objective

D. agreement, consideration, and contractual capacity

E. agreement

Answer :

C. agreement, consideration, contractual capacity, and a lawful objective

Contract can not be enforceable without following factors.

agreement, consideration, contractual capacity, and a lawful objective , these all are mandatory & required.

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14. Bill contracted to sell some real estate to Hank. However, Bill died before the conveyance was completed. Which of the following is correct?

A. Bill's performance was impossible; therefore, the contract is not enforceable

B. Hank can enforce the contract against Bill's estate.

C. Hank will be directed by the court to end the contract

D. Bill is excused for nonperformance

E. None of the above is correct

Answer :

A. Bill's performance was impossible; therefore, the contract is not enforceable

In this case as bill is died that means bills performance is not executed .As bill is not existed this contract is not enforceable.

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