Contracts That Have an Illegal Object Are Voidable

question 3

True/False

Contracts that have an illegal object are voidable.

---

Definitions:

Selling Price

The cost at which a service or item is sold to purchasers.

Required Rate of Return

The minimum annual percentage earned by an investment that will induce individuals or companies to put money into a particular security or project.

Dividend Yield

A financial ratio that indicates how much a company pays out in dividends each year relative to its share price.

Dividend Growth Rate

The annualized percentage rate of growth of a company's dividends paid to shareholders, indicating the company’s financial health and profitability.