All of the Following Contracts Would Be Illegal, and Not

question 127

Multiple Choice

All of the following contracts would be illegal, and not binding on the parties, except

• A) a contract whereby one person agrees to sell a banned substance (e.g., cocaine) to another.
• B) a contract whereby one person agrees to spread false and damaging information about another.
• C) a contract between camera dealers whereby they agree not to sell a specific model of camera below a specified price.
• D) the act of paying for sexual favours (prostitution).
• E) a contract in which lawyer agrees to represent an accused where the accused did commit the crime.

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Definitions:

Marketing

The activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

Production

The process of creating goods and services using labor, tools, machinery, and materials.

Ethical Challenges

Dilemmas or situations that require a choice to be made between competing ethical principles or values.

Sustainable Environment

The practice and goal of maintaining natural resources and not depleting them faster than they can renew, ensuring a healthy planet for future generations.