"Contracts Must Be in Writing to Be Enforceable

question 89

Essay

"Contracts must be in writing to be enforceable." Discuss the accuracy of this statement.

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Definitions:

Annual Dividend

Annual dividend is the total dividend payment a shareholder receives from a company in a fiscal year.

Standard Deviation

A measure of the dispersion or variability around the mean of a set of data, often used in finance to assess investment risk.

Expected Rate

An anticipated return on investment, interest rate, or growth rate based on historical data, market analysis, or other predictive models.

Probability

This refers to the likelihood of occurrence of an uncertain event, often expressed as a number between 0 and 1.