A Void Contract Is

question 58

Multiple Choice

A void contract is:

• A)a contract that one or both parties can cancel at their convenience.
• B)a contract,even though the courts will not enforce it.
• C)an agreement that creates no legal obligations.
• D)created by operation of law rather than by the agreement of the parties.

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Definitions:

Monthly Mortgage

The regular payment made to a lender by a borrower for the purchase of real estate, typically consisting of both principal and interest components.

Spending Habits

Patterns or behaviors related to how individuals or households allocate their money for purchases, savings, and other expenditures.

Utilities Bill

A monthly statement that charges individuals or businesses for the consumption of services like water, electricity, gas, and sewage.

House Colour

The chosen paint or external finish of a residential building's exterior.