Question: What is a void contract? A contract that is either illegal or has some defect so serious that it is not a contract A contract

What is a void contract?
A contract that is either illegal or has some defect so serious that it is not a contract
A contract that only one of the parties has the ability to either withdraw from or enforce
A contract that neither party has the ability to either withdraw from or enforce
A legally enforceable contract with a termination clause
A contract that one or both parties has the ability to either withdraw from or enforce
What is a void contract? A contract that is either illegal

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:

Can I please have this Chapter Outline, { the main points }. Book is called Legal Concepts in Sport by Linda Jean Carpenter. As a reference I uploaded all the pages of the chapter. Chapter 8...

Q:

The fact that contracts are legally enforceable achieves which of the following? a . Protection of the administration of justice b . Public confidence in the legal system c . Fairness and equality...

Q:

The fact that contracts are legally enforceable achieves which of the following? a . Protection of the administration of justice b . Public confidence in the legal system c . Fairness and equality...

Q:

please help D Question 20 Punitive damages are recoverable for the tort of fraud. both of the other answers. the tort of negligence. Question 21 Trading on material non-public information by an...

Q:

Which of the following might result in a void contract? a . A contract that is illegal b . A contract between spouses c . A contract between business partners d . A contract between an individual and...

Q:

Unit1 1) The court's decision in Brown v. Board of Education had what effect on the decision made in Plessy v. Ferguson? a. It showed that precedent can be overruled and is not binding in every...

Q:

Please help me answer the following items 54 to 100, just follow the numberings for easy for,at sorry if its not well arrange. 54. 1. The general rule is that no formality is required for a contract....

Q:

LAW ON OBLIGATION AND CONTRACTS pls. help me with this. thank you 1.S sold to B a cellphone on June 3, 2017. On July 1, 2017, B discovered that the cellphone he bought from A was an imitation. The...

Q:

The following are essential elements of a contract, except:* Consent Motive Subject Cause None of the above The point in time when the parties have not yet done finalize the terms of their respective...

Q:

CAN YOU PLEASE PARAPHRASE THIS!! OWN WORDS. PER BULLET. DON'T USE QUILLBOT. THANKYOUUU. PLEASE OWN WOOOOORDS. NEW CONSTRUCT In chapter 4, I have learned that the cause of extinguishment of...

Q:

JWS Company produces footballs used in the Auburn University games. The footballs sell for $1,800 because the company recognized an opportunity to capitalize on the excitement surrounding SEC...

Q:

Was Mary Townsend's disclosure appropriate in the chapter opening case? Why or why not? [Follow-on questions could include: "Was Mary confiding in a family friend, an employer, or a mentor?" "Would a...

Q:

Critics of advertising to children contend that Mutiple Cholce advertising stresses social relotions at the expense of accomplishment. the effect of numerous ads al promoting the acquistion of...

Q:

2. The force of interest 8 is a function of time and at any time t, measured in years, is given by the formula: 8(t) = 0.02 +0.0020 8(t) = 0.03 +0.005t Osts5 5 st s 10 a) Calculate the discount...