Under the Statute of Frauds,any Contract That Is Not in Writing

question 42

True/False

Under the Statute of Frauds,any contract that is not in writing is void.

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Definitions:

Sherman Act

An antitrust law enacted in the United States to prevent monopolistic practices and promote competition among businesses.

Per Se Violation

A legal principle whereby an action is considered illegal in itself, without the need to prove harm or intent.

Medical Device Makers

Companies specialized in the design, manufacture, and sale of medical devices used in healthcare treatment, diagnosis, or prevention.

Monopolization

The process or state where a company gains the ability to raise prices or exclude competitors, effectively controlling the market.