To Be Enforceable,a Writing Evidencing an Oral Contract That Would

question 41

True/False

To be enforceable,a writing evidencing an oral contract that would otherwise be unenforceable must include essential terms.

---

Definitions:

Cash Cycle

The period between the outlay of cash for goods/services and the return of cash through customer payments, reflecting the liquidity and efficiency of a company.

Accounts Payable Period

The average time it takes for a business to pay off its suppliers after receiving inventory or services.