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A Contract May Have to Be in Writing to Be

question 33

True/False

A contract may have to be in writing to be enforceable even if its performance is possible within a year.


Definitions:

Legal Document

A formal document that is legally recognized and enforceable by law, such as contracts, wills, or deeds.

Financially Self-Sufficient

The ability of an individual or entity to support themselves economically without relying on external assistance.

Nursing Home

A residential facility providing specialized care and living accommodations for elderly or disabled individuals.

Sandwich Generation

This term refers to a generation of people who are responsible for bringing up their own children while also providing care for their aging parents.

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