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Which of the Following Statements Is True

question 31

Multiple Choice

Which of the following statements is true?


Definitions:

Retirement

The phase of life where an individual stops working full-time after reaching a certain age or due to personal choice, leading to a focus on leisure, hobbies, or volunteer work.

Executory Contract

An executory contract is a contract in which not all obligations have been fulfilled by one or more parties.

Necessary

Refers to something required or indispensable for a particular purpose or need.

Disaffirm

The act of renouncing or rejecting a legal contract or agreement, typically used in the context of minors disaffirming contracts.

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