If One Part of the Contract Becomes Illegal or Impossible

question 34

Multiple Choice

If one part of the contract becomes illegal or impossible to perform, the remaining contract components remain in effect if:

• A) the contract is an express contract.
• B) the contract is an entire contract.
• C) the contract contains a severability clause.
• D) the contract is an implied contract.

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Definitions:

Mentally Impaired

Describes a condition where an individual's cognitive, emotional, or social abilities are significantly reduced compared to normative levels, potentially impacting their decision-making capacity.

Ratified

An action making an agreement officially valid after all parties involved have given their formal approval.

Voidable

A term used to describe a legal agreement or transaction that can be validated or invalidated at the discretion of one of the parties involved.

Overcharged

A situation where an individual is billed more than the agreed price or fair value for goods or services.