Which of the Following Statements Is the Best Description of a 'Void

question 30

Multiple Choice

Which of the following statements is the best description of a 'void' contract?

• A)The contract remains valid and binding unless and until it is repudiated by the injured party.
• B)There are no legal rights or obligations from the outset,and the contract cannot be enforced by either party.
• C)While the contract is valid on its face,no legal action can be brought on it.
• D)The purpose of the contract contravenes a statute or the common law.

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Definitions:

Independent Variables

Variables in a statistical or mathematical model that are manipulated or have their values set externally to observe or measure their effect on dependent variables.

Degrees of Freedom

The number of independent values or quantities which can vary in the calculation of a statistic.

Critical Value of F

The threshold value determined from an F-distribution, given a certain significance level, used in analysis of variance (ANOVA) to decide whether to reject the null hypothesis of equal variances.

Predictor Variables

Variables in a statistical model that are used to predict or explain changes in the response variable.