Question: . A contract is legally binding once signed unless: a) It is declared null and void by one party b) It is in violation of

. A contract is legally binding once signed unless:

a) It is declared null and void by one party

b) It is in violation of applicable law

c) One party is unable to finance its part of the work

d) One party is unwilling to perform the work

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Fraud Examination Questions!

Q:

These are the questions below: Question 4 Q4.2) Paul and Evan have entered into a contract in terms of which Evan undertakes to install a state-of the-art recording studio at Pauls home in Clifton on...

Q:

The determination of the contract award date should be computed by doing the following: Question 1 options: 1) Working backward from the delivery date 2) Working forward from the date the RFP was...

Q:

Hello! May i ask for a brief/ simpler explanation worth 3-5mins of presentation for Articles 1411 & 1412? It would be better if there's a simple case or something applicable in the real world for...

Q:

Discuss the key elements IN DETAIL of the following contract and your understanding of the clauses in the contract in about. It should clearly address how and why you think the contract is legally...

Q:

31. Outputs of the Plan Risk Responses process include: A. Residual risks, fall-back plan, and contingency reserves B. Risk triggers, contracts and a risk list C. Secondary risks, process updates,...

Q:

1. Once signed, a contract is legally binding unless: Select one: a. One party is unable to perform. b. One party is unable to finance its part of the work. c. It is in violation of applicable law....

Q:

se / My guuDEO estion 3 Once signed, a contract is legally binding unless: yer vered ed out of Select one: a. One party is unable to perform. b. One party is unable to finance its part of the work....

Q:

Once signed, a contract is legally binding unless: Select one: a. One party is unable to perform. b. One party is unable to finance its part of the work. c. It is in violation of applicable law. d....

Q:

Question 3 Once signed, a contract is legally binding unless: Not yet answered Select one: O Marked out of 1.00 a. One party is unable to perform O b. One party is unable to finance its part of the...

Q:

Once signed, a contract is legally binding unless: Question 36 options: 1) It is declared null and void by either party's legal counsel. 2) A one party is unable to perform. 3) It is in violation of...

Q:

A company is selling an equipment after two years for $4,230. The equipment was originally purchased for $100,627. The tax rate is 21%. The equipment is classified as a 5-year property. What is the...

Q:

Elaborate on a technology implementation that has had unintended consequences and how could it have been handled differently, and elaborate on what the word 'unintentional' might imply. What steps,...

Q:

P 8 . 4 Journalize transactions related to bad debts. Ho Publishers, uses the allowance method to estimate uncollectible accounts receivable. The company produced the following aging of the accounts...

Q:

The probabilities of a return on an investment of $5,000, $7,000, and $9,000 are 1 / 2, 3/8, and1 / 8.