A Legally Binding Contract That Can Be Terminated at the Option

question 474

Multiple Choice

A legally binding contract that can be terminated at the option of one of the parties is called:

• A) an executed contract
• B) a formal contract with an escape clause
• C) a voidable contract
• D) a void contract
• E) a parol evidence contract

---

Definitions:

Face Card

In a deck of playing cards, refers to any card that depicts a figure or a face, specifically jack, queen, or king, contrary to numeral cards.

Standard Deck

Refers to a complete set of 52 playing cards comprising four suits: hearts, diamonds, clubs, and spades, each suit containing numbered cards and face cards.

King of Spades

A playing card in a standard deck of 52 cards, recognized by the imagery of a king and the spades suit.

Total Count

The absolute sum or quantity of units or individuals measured or observed in a set.