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A Voidable Contract Is Necessarily Unenforceable

question 26

True/False

A voidable contract is necessarily unenforceable.


Definitions:

Restraint of Trade

Legal restrictions imposed on businesses to prevent unfair competition, monopolies, or practices harmful to the market.

Sale of Business

The process of transferring ownership of a business entity from one party to another.

Competing

Engaging in an effort to win or succeed against others, often in a business, sporting, or academic context.

Public Policy

Principles and standards considered to be in the interest of the public and used as a guide in legislative, judicial, or administrative actions.

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