Which of the Following Contracts Requires a Written Contract to Be

question 74

Multiple Choice

Which of the following contracts requires a written contract to be enforceable?

• A) Jon rents a luxury yacht for a month at a cost of $10,000
• B) Lindsay borrows $5,000 from Robert to buy a car
• C) Stanley's pit bull has just had a litter and he agrees to sell you a puppy for $500 when the pups are weaned from their mother
• D) Philip agrees to paint your house for $500

---

Definitions:

Middle-of-the-Road

A course of action or opinion that avoids extremes and adopts a moderate or balanced viewpoint.

Median Voter

A theoretical concept in political economy and public choice theory that suggests policies are determined by the preferences of the median voter when voters are positioned along a single policy dimension.

Voter Type

Refers to categories of voters distinguished by specific characteristics such as political preference, age, or socioeconomic status.

Arrow Impossibility Theorem

A principle stating that no rank-order voting system can be designed that always satisfies three fairness criteria: non-dictatorship, unrestricted domain, and independence of irrelevant alternatives.