Which of the Following Types of Contracts Cannot Be Either

question 4

Multiple Choice

Which of the following types of contracts cannot be either contradicted or supplemented by evidence of prior agreements or expressions?

• A) Totally integrated contracts.
• B) Incomplete contracts.
• C) Ambiguous contracts.
• D) Oral contracts.

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Definitions:

Investment

An asset or item acquired with the goal of generating income or appreciation in the future.

Accounting

The systematic process of recording, analyzing, summarizing, and reporting financial transactions of a business or individual to ensure accurate financial statements.

Investments

Financial assets or items acquired with the intention of generating income or profit.

Significant Influence

The power to participate in the financial and operating policy decisions of another entity without having full control or joint control.