Multiple choice

All contracts are

  1. agreements

  2. promises

  3. drafts

  4. proposals
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Every contract is fundamentally an agreement, but not every agreement is a contract. For an agreement to become a contract, it must be enforceable by law. All contracts start as agreements between parties, but only those meeting legal requirements (offer, acceptance, consideration, capacity, lawful object) qualify as contracts. Promises (B), drafts (C), and proposals (D) aren't necessarily agreements.

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