Because There Are So Many Professionals in Today's Workforce,professional Malpractice

question 57

True/False

Because there are so many professionals in today's workforce,professional malpractice premiums are reasonably priced.

---

Definitions:

Contract Law

The body of law that governs the creation, enforcement, and termination of contracts between parties.

Statute of Frauds

A legal doctrine that requires certain types of contracts to be in writing and signed by the party to be charged in order to be enforceable.

Notation or Memorandum

Notation or Memorandum refers to a brief written record or note made for the purpose of aiding memory or providing formal documentation of an event, decision, or agreement.