Without Legal Assent a Contract May Be Found to Be

question 30

Multiple Choice

Without legal assent a contract may be found to be ________ by the courts.

• A) illegal
• B) void
• C) irregular
• D) implied
• E) voidable

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Definitions:

Simple Interest Rate

The rate at which simple interest is paid or earned over a certain period, typically expressed as a percentage.

Days

Units of time equivalent to 24 hours, representing the approximate period it takes for the Earth to complete one rotation on its axis.

Grow

To increase in size, amount, or intensity over time.

Invest

To allocate resources, typically money, with the expectation of achieving a future benefit or return.