If a Contract Is Found to Be Illegal at the Time

question 3

Multiple Choice

If a contract is found to be illegal at the time of its creation,it will be:

• A)valid and enforceable.
• B)valid but unenforceable.
• C)valid but voidable.
• D)void and unenforceable.

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Definitions:

Mixed Economic System

An economic system that blends aspects of both capitalism and socialism, incorporating both private and government involvement in economic activities.

Traditional System

A social or economic system based on long-standing customs, practices, and traditions, often within specific communities or cultures.

Pollutants

Substances that contaminate the environment, causing harm or discomfort to organisms.

J-shaped Curve

The J-shaped curve describes a situation in growth patterns where, initially, the growth is slow, but after a certain point, it accelerates exponentially.