Author Question: Which of the following conditions is a prerequisite for any agreement to be legally enforceable? A) ... (Read 68 times)

craiczarry · **on:** Jun 24, 2018

Which of the following conditions is a prerequisite for any agreement to be legally enforceable?
A) The parties entering into the agreement must be over the age of thirty-five.
B) The agreement must be made in a court of law.
C) The parties entering into the agreement must have the mental capacity to contract.
D) The agreement must be signed in the presence of a third party who witnessed the proceedings.

Question 2

When money is loaned at a greater rate of interest than is allowed by law, __________ is committed.
A)Usury
B)credit misfeasance
C)petty theft
D) credit malfeasance