A Valid Contract May Be Unenforceable for Which Reason(s)

question 48

Multiple Choice

A valid contract may be unenforceable for which reason(s) ?

• A) Failure to satisfy the statute of frauds.
• B) Running of the statute of limitations.
• C) Both f ailure to satisfy the statute of frauds and r unning of the statute of limitations.
• D) A valid contract is always enforceable.

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Definitions:

Median Age

The age that divides a population into two numerically equal groups; half the people are younger than this age and half are older.

Nearest Year

A time measurement rounding to the closest year, often used in demographic or historical data to simplify representations.

Workshop Participants

Individuals who attend a workshop, which is a brief, intensive course focused on teaching specific skills or knowledge.

First Quartile

The value below which 25% of the data points in a dataset fall, often used in statistical analysis to assess dispersion.