When a Legislature Has Specifically Stated That a Particular Contract

question 75

Multiple Choice

When a legislature has specifically stated that a particular contract is void,a court need only:

• A)cancel the contract.
• B)interpret and apply the statute.
• C)decide whether the contract is against public policy.
• D)decide whether the contract is unconscionable.

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Definitions:

Conventional

Based on or in accordance with what is generally done or believed.

Preconventional

A stage in moral development characterized by behavior driven by the desire to avoid punishment and seek personal gain, typically seen in young children.

Social Responsibility

Business’s consideration of society’s well-being and consumer satisfaction, in addition to profits.

Economic Issues

Problems or concerns related to the production, distribution, and consumption of goods and services in an economy.