Which of the Following Is True of Enforcing a Contract

question 52

Multiple Choice

Which of the following is true of enforcing a contract?

• A) A contract is only considered valid if it is enforceable by both parties.
• B) Parties may voluntarily perform a contract that is unenforceable.
• C) In an unenforceable contract, at least one party has the option to void his or her contractual obligations.
• D) Void contracts are enforceable in cases involving mutual mistakes.

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Definitions:

Operative

Relating to or involved in the functioning of operations or activities within an organization or system.

Will

The mental faculty by which one deliberately chooses or decides upon a course of action; determination or drive.

Power

The ability or capacity to influence or control the behavior of people or the course of events.

Social Power

The ability to influence or control the behavior of others within a social framework, often derived from one's position, resources, or relationships.