Promulgated Contract Forms- Champions Questions and Answers 100% Accurate

Promulgated Contract Forms- Champions Questions and Answers 100% AccuratePromulgated Contract Forms- Champions Questions and Answers 100% AccuratePromulgated Contract Forms- Champions Questions and Answers 100% AccuratePromulgated Contract Forms- Champions Questions and Answers 100% Accurate VALID/VOID/UNENFORCEABLE/VOIDABLE CONTRACTS - ANSWER-a void contract is invalid from the beginning, and doesnt affect the parties. a contract to perform an illegal act is a void contract. a voidable contract cannot be enforced against one or more parties. elemenets of a valid and enforcable contract (COLIC) - ANSWER--competent parties (18, sane, sober) -offer and acceptance (mutual consent) -legal purpose -in writing -consideration consideration - ANSWER-defined as the exchange of promises. it is the sellers promise to sell and the buyers promise to buy