Which of the Following Is an Incorrect Statement Regarding Written

question 110

Multiple Choice

Which of the following is an incorrect statement regarding written contracts?

• A)Disputes are easier to settle when contractual terms are solidified in writing.
• B)The moment of writing allows both parties to reconsider terms and ensure what they desire.
• C)In general,written contracts aid in the conduct of smooth business contracts.
• D)The idea of requiring a writing comes from the English Act for the Prevention of Frauds and Perjuries
• E)All contracts must be in writing in order to be enforced.

Understand the concept of in-group versus out-group dynamics and identify biases associated with these perceptions.

Differentiate between individualism and collectivism and their impacts on social behavior and attributions.

Describe the self-serving bias and its demonstration through experimental research.

Understand the fundamental attribution error and its influence on perception of others’ behaviors.