An Onerous Contract Is One Where the Unavoidable Costs of Meeting

question 17

True/False

An onerous contract is one where the unavoidable costs of meeting the contract may or may not exceed the benefits derived from the contract.

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Definitions:

Types of Opinions

Refers to the various classifications of judgments or viewpoints expressed by individuals, often categorized based on subject matter, such as legal, professional, or personal opinions.

Judge

An official appointed or elected to hear and decide cases in a court of law.

Justice

The fair and impartial administration of laws in accordance with ethical, legal, and moral principles.

Fifth Amendment

An amendment to the U.S. Constitution providing several protections to individuals, including against self-incrimination and double jeopardy.