If a Voidable Contract Is Avoided by One of the Parties,the

question 92

True/False

If a voidable contract is avoided by one of the parties,the other party is still obligated to perform.

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Definitions:

Selling Price

The set amount of money for which a product or service is sold to customers.

Spot Rates

The present cost at which a specific asset is available for purchase or sale with immediate delivery.

Selling Price

The amount of money for which an item is sold to a buyer.

Hedge Transaction

A financial agreement or trade designed to reduce or eliminate the risk of future price fluctuations.