An Oral Contract Can Be Enforced When It Relates To

question 31

Multiple Choice

An oral contract can be enforced when it relates to:

• A) the purchase of a television set for $200.
• B) the sale of an interest in land for $400.
• C) managing a factory for five years.
• D) a promise to answer for the debt of another.

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Definitions:

Objective Fault

A legal standard that determines liability based on failure to meet an objective level of care, regardless of the defendant's intent or knowledge.

Vicarious Liability

A legal principle holding a party responsible for the actions of another, typically applied when an employer is held liable for the actions of an employee.

Corporate Liability

The legal concept that a corporation can be held responsible for the actions of its employees or agents, subject to laws and regulations governing corporate conduct.

Search Warrant

An official court order authorizing law enforcement agencies to conduct a search of a place and seize evidence.