Humber/Ontario Real Estate Course 1 Exam 2026 – 400 Free Practice Questions to Pass the Exam

For a verbal agreement regarding the patio set to be enforceable in contract law, one of the fundamental requirements is that there must be consideration—a mutual exchange of value between the parties involved. In this case, the absence of consideration means that the verbal agreement regarding the patio set does not constitute a legally binding contract.

Consideration typically involves a benefit or compensation that is exchanged as part of the contract formation. If one party simply states they will leave the patio set without the other party providing something of value in return, then that agreement lacks the necessary foundation that contract law requires. Therefore, without consideration, the agreement cannot be enforced, making it ineffective as a contract.

In contrast, while other options discuss elements like mutual agreement or documenting the item in a purchase agreement, they do not address this crucial aspect of consideration that is essential for enforceability in contract law.