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Which of the Following Is Not a True Contract and Has

question 2

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Which of the following is not a true contract and has been imposed by law in order to prevent one party benefiting unfairly at another's expense?


Definitions:

Ordinary Income

Income earned from basic sources such as wages, salaries, commissions, and interest, subject to standard tax rates.

Defined Contribution Plan

A type of retirement plan where the amount contributed is specified, but the future benefit amount is not guaranteed, depending on investment returns.

Risk-free Return

Risk-free return refers to the theoretical return on investment with zero risk, representing the return on the safest assets.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data points from their mean, commonly used to assess financial risk.

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