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27. The four elements of a valid contract are a. offer, acceptance, consideration and legality b. agreement, consideration, capacity and legality c. express, implied, bilateral and unilateral d. agreement, capacity, covenant and acceptance 28. A valid contract is enforceable in a court of law. s unenforceable in a court of law. is not really a contract. is no contract at all. a. c. d. 29. A voidable contract a. is enforceable in a court of law. b. is unenforceable in a court of law. c. may be avoided by one or both parties. d. is no contract at all A void contract 30. is enforceable in a court of law. is no contract at all. a. b. c. may be avoided by one or both parties. d. is implied in law. 31. Agreement requires a. offer only b. acceptance only c. legally bargained for exchange d. offer and acceptance 32. I offer to sell my car to Harry for $500. He may accept my offer if a. I have not communicated the offer to him. b. I have made the offer in anger. c. I have made the offer with a serious, objective intent. d. I have jokingly made the offer. Harry has not accepted my offer to sell my car for $500. I have decided I communicate this to Harry. What have I done? a. Revoked the offer. b. Rejected the offer. c. Reformed the offer 3. d. Registered the offer

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