Question
In a contract, as written, D promises to pay C P10,000 on September 15, 2020. The consideration received by D is not stated in the
In a contract, as written, D promises to pay C P10,000 on September 15, 2020. The consideration received by D is not stated in the contract.
a.The contract is valid because the cause is always presumed to exist.
b.The contract is valid so long as it is in writing.
c.The contract is valid because cause is not essential to a contract.
d.The contract is void because the cause is not stated.
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Accounting and Finance An Introduction
Authors: Peter Atrill, Eddie McLaney
8th edition
129208829X, 1292088297, 978-1292088297
