QUESTIONS 5) If only one party promises something, such as paying a certain amount of money, and the other party promises nothing, then the agreement lacks: A) offer and acceptance. B) competence. legality of purpose D) consideration QUESTION 6 6) Entering into a contract with persons of legal age and normal mentality is considered within the A) legality of purpose. B) competency of the parties. C) mutual agreement. D) proper form