Which of the Following Is False Regarding Written Contracts

question 15

Multiple Choice

Which of the following is false regarding written contracts?

• A)In general,written contracts aid in the conduct of smooth business contracts.
• B)The moment of writing allows both parties to reconsider terms and ensure what they desire.
• C)The idea of requiring a writing comes from an English law.
• D)Disputes are easier to settle when contractual terms are solidified in writing.
• E)All contracts must be in writing in order to be enforced.

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Definitions:

Stock Purchase

The act of acquiring ownership shares in a company, representing a partial ownership stake.

Written Document

refers to any expression of thoughts, ideas, or information that is recorded on a tangible medium, and can include electronic formats.

Formal Accusation

An official charge made against a person or entity, typically involving the commencement of legal proceedings.

Criminal Law

The body of law that relates to crime, prescribing conduct perceived as threatening, harmful, or otherwise endangering to the property, health, safety, and moral welfare of people.