Kady,an Agent for Lebron,enters into a Contract on Lebron's Behalf

question 31

Multiple Choice

Kady,an agent for Lebron,enters into a contract on Lebron's behalf with Madge that must be in writing to be enforceable under the Statute of Frauds.Kady's authority to enter into this contract is not in writing.Under the equal dignity rule,this contract is

• A)enforceable.
• B)void.
• C)voidable at Lebron's option.
• D)voidable at Madge's option.

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Definitions:

Cause Of Action

A cause of action is a set of facts sufficient to justify a right to sue to obtain money, property, or the enforcement of a right against another party.

Anticipatorily Repudiated

A doctrine in contract law where one party, ahead of time, indicates that they will not fulfill their contract obligations, allowing the other party to treat the contract as breached.

Executory

Pertaining to a contract or agreement that has been made but not yet fulfilled by one or more of the parties involved.

Condition Subsequent

A condition in a contract that, if it occurs, can end the contract or modify its terms after the contract has been executed.