Answered

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Valid contracts are:

a. contracts that meet all legal requirements for a binding contract
b. contracts that are induced by either fraud or duress
c. contracts in which one or more of the parties have the legal right to cancel their obligations under the contract
d. contracts that meet the basic legal requirements for a contract but may not be enforceable because of some other legal rule
e. contracts that create no legal obligations and for which no remedy will be given

Sagot :

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