A Void Contract Means That

question 91

Multiple Choice

A void contract means that

• A) there is no contract.
• B) the contract cannot be enforced.
• C) the infant can escape the contract.
• D) the adult can escape the contract.
• E) the contract is illegal.

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Definitions:

Balanced Scorecard

A strategic planning and management system that uses a broad range of financial and non-financial metrics to assess an organization's performance.

Bottom-Line Profit

The net income reported at the bottom line of the income statement, indicating the profit remaining after all expenses have been deducted from total revenues.

Working Conditions

The environment in which employees operate, including aspects like safety, hours, amenities, and the overall atmosphere.

Performance Evaluation Measures

Criteria or benchmarks used to assess the effectiveness and efficiency of an employee, department, or organization in achieving its goals.