Questions: Question 22 (1.75 points) When an offer and acceptance exist between parties, the agreement satisfies this rule. 1) capacity 2) legal purpose 3) consideration 4) mirror image

The answer is 4) mirror image

Capacity refers to the legal ability of parties to enter into a contract. This typically involves being of sound mind and of legal age. While important, it is not directly related to the existence of an offer and acceptance.

Legal purpose means that the contract must be for a lawful objective. This is a necessary element for a valid contract but does not directly address the concept of offer and acceptance.

Consideration involves something of value being exchanged between the parties. While essential for a contract, it is not the rule that directly pertains to the mutual agreement of offer and acceptance.

The mirror image rule states that the acceptance must exactly match the terms of the offer for a valid agreement to be formed. This rule directly pertains to the concept of offer and acceptance, ensuring that both parties are in complete agreement on the terms.