Various Legislation Requires Certain Contracts to Be in Writing and Signed

question 27

Multiple Choice

Various legislation requires certain contracts to be in writing and signed in order to be effective and enforceable.Which of the following type of contract will be effective and enforceable even where it is not in writing and signed?

• A)An arbitration agreement
• B)A bill of exchange
• C)A consumer credit contract
• D)A contract for the sale of goods

Understand the forms and documentation required for employee income tax filing and payroll processing.

Calculate net amount payable to employees considering hourly rates, overtime, and withholdings.

Comprehend the components and effects of employer payroll taxes on financial statements.

Recognize the treatment and recording of employee benefits, such as vacation pay and pension rights.