Adonia and Merv Enter a Contract for the Sale of a Computer

question 50

Multiple Choice

Adonia and Merv enter a contract for the sale of a computer. If Merv breaches the contract and Adonia waits until the time specified in the statute of limitations has passed, the contract is now:

• A) void.
• B) unenforceable.
• C) voidable.
• D) executory and enforceable.

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Definitions:

Solar Panels

Devices that convert sunlight into electricity, composed of photovoltaic cells that capture and transform solar energy.

Independent Retailers

Retail businesses that are owned and operated independently, not part of a larger chain or franchise.

Corporate Chains

Businesses owned and operated by a single organization that has multiple outlets in various locations.

Contractual Systems

Arrangements or agreements between two or more parties that legally bind them to specific obligations or responsibilities, often seen in business agreements or franchising.