Multiple Choice
The objective theory of contracts is based on the which of the following premises?
A) Even offers made in obvious jest can be the basis of a contract.
B) Every contract must have a central object to it.
C) Every contract must have consideration given by both parties.
D) Whether the intent is present is based on how a reasonable person would view the parties' actions rather than on the actual intentions of the parties.
E) The intent to be bound is determined after the parties have had a chance to perform the contract.
Correct Answer:

Verified
Correct Answer:
Verified
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