A Contract Must Be in Writing to Be Enforceable If

question 53

True/False

A contract must be in writing to be enforceable if its performance is possible within one year.

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Definitions:

Foundation

The underlying basis or principle for something, often referring to the solid support on which structures are built.

Organizational Behavior

The study of how individuals and groups act within organizations, and how these entities interact with their external environment.

Dependent Variable

In research, it is the variable being tested and measured, expected to change as a result of manipulations to the independent variable.

Independent Variable

An independent variable is a condition or factor that is manipulated or changed in an experiment to observe its effect on a dependent variable, helping to establish cause-and-effect relationships.