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Friday, 13 December 2019
Agent Resource Center
Agent Resource Center

Question – All of the following are essential elements of a contract except:

Question of the Day
Written by Posted On Sunday, 17 November 2019 05:00

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(A) Offer
(B) Acceptance
(C) Consideration
(D) Performance

 

Answer:  (D)  (A), (B), and (C) are essentials in the creation of a contract. Performance is the result and not an element of contract.

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More in this category: > Question – A buyer who knew what he was signing entered into a contract to purchase real property. However, his consent was induced by fraud on the part of the real estate broker. This fraud was effective to render the deposit receipt:
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