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How is operating leverage related to cost structure?
Unenforceable
A term describing a contract or clause that, due to legal deficiencies, cannot be executed or enforced by law.
Oral Contract
A legally binding agreement made through spoken words and commitments rather than in writing.
Statute of Frauds
A legal principle requiring certain types of contracts to be in writing and signed by the party being charged to be enforceable.
Statute of Frauds
The Statute of Frauds is a legal principle that requires certain types of contracts to be written and signed to be enforceable.
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