Question: An illegal contract; is unilateral; is voidable; is void;

An illegal contract;
is unilateral;
is voidable;
is void;
An illegal contract; is unilateral; is voidable; is void;

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:

Executive Transport, Inc. is a company that rents cars, vans, and limos to a wide range of customers. Customers frequently call Executive Transports sales staff to receive quotes for rental expenses....

Q:

1) The Statute of Frauds requires that all of the following types of contracts be in writing EXCEPT: Promises to pay the debt of another Promise to do plumbing project Contracts involving the sale of...

Q:

1. Saul orally agreed to sell Ramie some land for $500,000. Ramie paid Saul the $500,000; Saul gave Ramie the deed to the land. Ramie took possession of the land and began building a cabin on it. One...

Q:

Statement I: Instructions contemplate only private rules of guidance to the agent and are independent and distinct from the agent's authority. Statement II: The liability of the agent for either...

Q:

Pick the one best answer for each question. 1-A- Contracts are A. legally enforceable promises. B. always required to be written as per the Uniform Commercial Code (UCC) law. C. a form of a circular....

Q:

1. S orally sold to B his house and lot for P5,000,000 where B initially paid P50,000. After paying the balance B now seeks to register the lot in his name, but the Register of Deeds refuses to do...

Q:

Prof. Dutcher has been adjudicated insane by a court. If she makes a contract, the contract would be unilateral conditional voidable ratified void

Q:

Belinda has been adjudicated insane by a court. If she makes a contract, the contract would be a . voidable b . void c . ratified d . unilateral e . conditional

Q:

need help with these! If an offeree mails a rejection of an offer on a Monday and then changes their mind and mails an acceptance of the offer prior to the offeror receiving the rejection in the mail...

Q:

The general rule with regards to illegal contracts is that an illegal contract is: Group of answer choices Void Voidable Valid Very, very fun

Q:

Robin, guardian of Daniel, without Daniel's consent, entered into a contact of sale of a parcel of land owned by said minor with Sharon because of the latter plan to construct a house therein for her...

Q:

Activity-based costing, manufacturing. Fancy Doors, Inc., produces two types of doors, interior and exterior. The companys simple costing system has two direct cost categories (materials and labor)...

Q:

Table Manufacturing Company uses a worksheet in preparing financial statements. The following accounts are included in the adjusted trial balance: Finished Goods Inventory $28,000, Work in Process...

Q:

Recording estimated warranty expense in the year of the sale best follows which accounting principle?Question 1 2 options:Full disclosureMatchingMaterialityConsistency

Q:

-/1 View Policies Current Attempt in Progress The following amortization and interest schedule reflects the issuance of 10-year bonds by Bridgeport Corporation on January 1, 2014, and the subsequent...