Q.

A voluntary arrangement between two or more parties that is enforceable by law as a binding legal agreement is known as

A. job
B. loan
C. contract
D. mutual fund
Answer» C. contract
Explanation: a contract arises when the parties agree that there is an agreement. formation of a contract generally requires an offer, acceptance, consideration, and a mutual intent to be bound. each party to a contract must have capacity to enter the agreement.
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