Question: A void contract is a contract that one or both parties may cancel, at their option. Group of answer choices True False

A void contract is a contract that one or both parties may cancel, at their option.

Group of answer choices

True

False

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 Law Questions!

Q:

1. If no Code rule applies to an issue regarding a sale of goods contract, the common law rules apply. a. True b. False 2. A void contract is a contract that one or both parties may cancel, at their...

Q:

When a bilateral mistake is made, either party may cancel the contract. Group of answer choices True False

Q:

A party to a Contract generally has 4 8 hours to change their mind and cancel the contract. Group of answer choices True False

Q:

When a buyer refuses to pay for goods that conform to the contract, the sellers options do NOT include the right to cancel the contract. Group of answer choices True False

Q:

When a contract is fully performed by one party, it is called a unilateral contract. Group of answer choices True False

Q:

41.Refusing to pay all that is owed to a struggling company and getting the company to accept half of what is owed so it can pay its bills and stay in business is an example of economic duress.If the...

Q:

1Contract elements include amutual assent bconsideration ccapacity dlegality eall of the above 2Mutual assent is aoffer and acceptance bconsideration and capacity ca and b dnone of the above 3If the...

Q:

Broker is someone who legally represents the insured even though he or she receives a commission from the insurer. Group of answer choices True False Flag question: Question 2 Question 21 pts A...

Q:

1. Appointing judges for life ensures that those judges will pay more attention to public opinion when making their decisions. Group of answer choices True False 2. Which of the following answers...

Q:

In an actual crisis event, one reason why IT alternate sites secured by mutual aid arrangements with other organizations may fail is because the two organizations are often located close together....

Q:

For a residential building project, the developer has estimated the capital investment, net rental revenue, and resale value after 6 years for the following three scenarios. Given the developer's...

Q:

How can inventory flow diagrams be useful to a logistics manager?

Q:

gave me the working cpaital, current ratio and acid-test ratio Selected financial information for Crane Enterprises as at December 31, 2024, follows: Accounts payable $105,800 Accounts receivable...

Q:

answer only needed Which of the following is not an assessment measure; a) 360 surveys b) personality questionnaire c) employee satisfaction surveys d) skills test

Q:

Subjective norms, i.e. the norms of the target group

Q:

The temporal rule: The closer temporal proximity we have to an event or action, the more probable it is that the distortion of information is less than if the event or action happened longer ago.

Q:

The relevance of the information to the interpreter