Which of the Following Agreements Is Least Likely to Be

question 2

Multiple Choice

Which of the following agreements is least likely to be recognised by the courts as being legally binding? Please select all that apply.

• A) A post-nuptial agreement to split marital assets evenly in the event of divorce.
• B) An agreement to purchase and share a house together where it was necessary for both parties to dispose of their individual properties in order to afford the arrangement.
• C) An agreement between family members involved in a lottery syndicate to split any winnings between them.
• D) An agreement between spouses that one party should pay the other a monthly sum for maintenance.

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Definitions:

Simulate

To imitate the operation of a real-world process or system over time for purposes of experiment or training.

Absolute Advantage

Absolute advantage refers to the ability of a country, firm, or individual to produce a good or service more efficiently than its competitors using the same amount of resources.

Production Possibilities

The different combinations of goods and services that an economy can produce given its available resources and technology.

Fish

Aquatic animals that are typically covered with scales and have gills for breathing in water.