Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

a buyer mailed an offer to purchase a property at the full price and terms of a listing agreement. which of the following essential elements

a buyer mailed an offer to purchase a property at the full price and terms of a listing agreement. which of the following essential elements is missing to form a valid contract? 

a) consideration 

b) acceptance 

c) earnest money 

d) legal purpose

Step by Step Solution

3.49 Rating (149 Votes )

There are 3 Steps involved in it

Step: 1

Answer b Acceptance Explanation A contract is an agreement be... blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Corporate Finance

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

10th edition

978-0077511388, 78034779, 9780077511340, 77511387, 9780078034770, 77511344, 978-0077861759

More Books

Students explore these related Finance questions

Question

Introducing Yourself to Your Instructor

Answered: 3 weeks ago

Question

How do people develop skills?

Answered: 3 weeks ago