Star Software Systems and Henry Orally Agree for Henry to Write

question 32

Multiple Choice

Star Software Systems and Henry orally agree for Henry to write special accounting software.This software usually takes three years to complete,but can be done sooner.Does Henry have an enforceable legal agreement with Star?

• A)Yes,the agreement is enforceable because Henry could possibly complete writing the software within a year.
• B)No,the agreement is unenforceable because it is not written and signed.
• C)Yes,the agreement is enforceable,but only to the extent of work Henry completes within the first year of the contract.
• D)No,the agreement is unenforceable since the contract involves a tangible work product.

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Definitions:

Freer Trade

describes the reduction of tariffs, quotas, and regulations to allow goods and services to move more easily between countries.

Multinational Treaty

An agreement that is signed by multiple countries, establishing rights and obligations between the parties.

Patent Protection

Legal rights granted to inventors to exclusively make, use, or sell their inventions for a certain period, preventing others from doing so.

Paris Convention

An international treaty established to protect industrial property rights including patents, trademarks, and industrial designs across countries.