Question $21$

$3$ pts

According to SCM $355,$ for a contract to be Valid, which of the below is true?

Parties must be deemed competent; Deal must be Legal; There must be an Offer and Counteroffer

Parties must be deemed competent; Deal must be Legal; There must be an Acceptance; Consideration is optional

Parties must be deemed competent; Deal must be Legal; There must be an Offer and Acceptance; Consideration required

Parties must be under aged $18$; Deal must be Legal; There must be an Offer and Acceptance; Desert must be offered