Which of the Following Would Be Considered a Valid and Legally

question 59

Multiple Choice

Which of the following would be considered a valid and legally enforceable agreement?

• A)An agreement to pay a legislator to vote for a particular bill.
• B)An agreement under which Arthur agrees to pay Barbara $3,000 to disparage the product of Arthur's competitor.
• C)An agreement by the seller of a service station not to enter the service station business in Ohio for a period of thirty years after the sale of his business.
• D)An agreement by a fund-raising director not to operate a fund-raising business in Marin County for a period of one year after terminating his employment.

---

Definitions:

Lemon Law Coverage

Protections afforded to consumers under laws that provide remedies for purchasers of cars and other consumer goods that fail to meet standards of quality and performance.

Used Cars

Vehicles that have been previously owned and used, typically sold through various outlets including private sales, dealerships, and auctions.

Consumer Financial Protection Bureau

A U.S. government agency responsible for ensuring consumer protection in the financial sector, including mortgages, credit cards, and student loans.

Federal Consumer Financial Regulatory System

This system comprises federal laws and agencies tasked with regulating financial products and services to protect consumers from unfair, deceptive, or abusive practices.