QUESTION 6 One of the four elements of a valid contract is an adequate price True False QUESTION 7 The term Consideration refers to the legality of the subject matter of the contract. True False QUESTION 8 John signs a lease for a 12 month apartment rental. This is an: Implied Contract Express contract No contract Both an express and an implied contract Click Save and Submit to save and submit. Click Save All Answers to save all answers. 397 FLE