Valid Contracts Can Be Written or Oral

question 10

True/False

Valid contracts can be written or oral.

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Definitions:

Insiders

Individuals who possess access to confidential information about a company or organization, such as employees, directors, or large shareholders.

Solicitation

The act of requesting or seeking to obtain something, often used in a legal context involving the procurement of goods, services, or funds.

Proxies

Agents authorized to act on behalf of others, particularly in voting at shareholder meetings.

SEC

The Securities and Exchange Commission, a U.S. federal agency responsible for regulating the securities industry and enforcing federal securities laws.