Describe Three Situations in Your Jurisdiction Where a Contract Must

question 151

Essay

Describe three situations in your jurisdiction where a contract must be evidenced in writing to be enforceable.

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Definitions:

Semi-Annually

Pertains to events or processes that occur twice a year, often used in the context of interest calculation or payments.

Investment

Allocation of resources, such as time, money, or effort, in anticipation of future gains.

Mutual Fund

An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds.

Investment

The process of assigning funds or other resources with the aim of earning returns or profits.