QUESTION 6 6) Entering into a contract with persons of legal age and normal mentality is considered within the element of: A) legality of purpose. B) competency of the parties. C) mutual agreement. D) proper form. QUESTION 7 7) A valid offer must be all of the following EXCEPT: A) definite and certain B) stated in writing C) made with serious intent. D) communicated to the offeree. QUESTIONS 8) A purchase order issued by one firm to another is generally considered and A) rejection B) acceptance. offer. D) request for a proposal. QUESTION 9 9) A(n) - contract exists ir the agreement of either party to a contract is obtained by fraud. A) voidable B) enforceable o corporate D) government