Question: A valid contract can be cancelled at any time by one of the parties to the contract is always required to be in writing contains

A valid contract
can be cancelled at any time by one of the parties to the contract
is always required to be in writing
contains all six required contract elements and is enforceable in court
is not enforceable in court
A valid contract can be cancelled at any time by one

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 General Management Questions!

Q:

You are auditing general cash for the Pittsburgh Supply Company for the fiscal year ended July 31, 2019. The client has not prepared the July 31 bank reconciliation. After a brief discussion with the...

Q:

1 (0.5 points) Question 1 Saved Honor Code Statement. By selecting \"True\" I am stating that I will receive no assistance from any outside source, including notes, texts or other persons, while...

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:

Overview In the case of Lucy v. Zehmer , Zehmer spent the night drinking with his friend Lucy. During the evening, a piece of paper was signed whereby Zehmer agreed to sell his farm to Lucy. In this...

Q:

Overview In the case of Lucy v. Zehmer , Zehmer spent the night drinking with his friend Lucy. During the evening, a piece of paper was signed whereby Zehmer agreed to sell his farm to Lucy. In this...

Q:

Question 1 Bill downloaded an antivirus software from the Internet. Under the Uniform Commercial Code (UCC), the software is a: good. service. good-faith warranty. mixture of goods and services. 2...

Q:

Read the Lucy v. Zehmer case summary in the Elements of the Offer section of Chapter 14 in your textbook, and analyze the case about contract law. Provide 1 - 2 paragraphs for each response. 1. Do...

Q:

Instructions 1. Write the title of the case and the bibliographic record 2. Mention the parties involved in the case, duly identified as plaintiffs or defendants, etc. 3. What is the main controversy...

Q:

Instructions 1. Write the title of the case and the bibliographic record 2. Mention the parties involved in the case, duly identified as plaintiffs or defendants, etc. 3. What is the main controversy...

Q:

LUCY v. ZEHMERSupreme Court of Appeals of Virginia. 1954196 Va. 493, 84 S.E.2d 516.BUCHANAN, JUSTICE. This suit was instituted by W.O. Lucy and J.C. Lucy, complainants, against A.H. Zehmer and Ida S....

Q:

BUCHANAN, JUSTICE. This suit was instituted by W.O. Lucy and J.C. Lucy, complainants, against A.H. Zehmer and Ida S. Zehmer, his wife, defendants, to have specific performance of a contract by which...

Q:

The aim of a logit model was to determine mobile phone ownership as a function of (logarithm of) income. Mobile phone ownership was a binary variable: Y = 1 if a household owns a mobile phone, zero...

Q:

Is a trustee appointed in Title 11 cases? In all Chapter 7 cases? Discuss.

Q:

Choose the term that describes the implicit spot exchange rate between two currencies quoted some third currency. a . Cross - rate b . Purchasing power parity c . London Interbank Offer Rate d . Swap

Q:

Make a statement of cashflows in good form. X X M Inbox 2,50 x M Logistics : * Course: ST: X|MyDrive- x B Group 2 Pex Course ID: Cth Moodle X C Get HomeX C Photos Screx Interview X + ....