A Contract Does Not Need to Be in Writing to Be

question 15

True/False

A contract does not need to be in writing to be enforceable if its performance is possible within any definite period of time.

---

Definitions:

Pension Benefits

Payments made to employees after retirement, based on years of service and salary history, as part of a retirement plan.

Medical Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured, typically offered as part of employment benefits.

Federal Government

The national government of a federal country, which holds the authority over matters that affect the country as a whole.

Time-Off Benefits

Workplace policies allowing employees paid or unpaid leave for personal reasons, holidays, sickness, or family care, enhancing work-life balance.