Curt Promises to Buy Illegal Copies of CDs and DVDs

question 49

Multiple Choice

Curt promises to buy illegal copies of CDs and DVDs from Donna, who promises to deliver on May 1. These promises are most likely

• A) enforceable.
• B) valid.
• C) void.
• D) voidable.

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Definitions:

Short-term Loans

Loans that are scheduled to be repaid in a short period, typically less than a year, used to address immediate financial needs or cash flow issues.

Interest Rates

The cost of borrowing money or the return on investment for savings, typically expressed as a percentage.