Multiple Choice
Assuming that all other elements of a contract are present, which of the following would most likely be held to be a binding contract, considering only the requirement that the object of a contract must be legal and not contrary to the public interest?
A) An insurance policy paid by a shareholder to insure the business premises of a company he holds shares in
B) A life insurance policy bought by Harvey insuring the life of his neighbour Kneival without Kneival's consent
C) An agreement to pay $500 to Mildred if Mildred spreads the False rumour that Helen, a nurse, has AIDS
D) A provision in a contract of employment where the employee agrees that, upon leaving, he will not work in a similar business anywhere for 5 years
E) An agreement in which Fred agrees not to bother his father anymore
Correct Answer:

Verified
Correct Answer:
Verified
Q7: In Transport North American Express Inc. v.
Q18: In the legal sense, to what does
Q29: Which of the following is incorrect with
Q33: The court may hold that a contract
Q94: Contracts involving domestic relationships are presumed to
Q115: Which of the following agreements has to
Q122: Discuss agreements that restrict competition or that
Q123: Whenever an adult enters into a contract
Q131: Negotiations between Dave and Mary resulted in
Q150: "A person's intention to be bound by