Which of the Following Statements Is the Best Description of an 'Unenforceable

question 40

Multiple Choice

Which of the following statements is the best description of an 'unenforceable' 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:

Known Risk

A hazard or risk that is identified or anticipated before an activity or decision is made.

Plaintiff

The party who initiates a lawsuit by making a complaint against another party, called the defendant, in a court of law.

Strict Liability

A legal doctrine that holds a party responsible for their actions or products, regardless of fault or intent.

Negligence

Not acting with the caution that a reasonably prudent person would use in similar situations, resulting in injury or loss.