An agreement in which parties intend to form a valid bargain, but a court declares that some rule of law prevents enforcing it is called
A)a void agreement
B)a voidable contract.
C)an unenforceable agreement.
D)a quasi-contract.
C
You might also like to view...
Personality refers to a person's unique psychological makeup and how it consistently influences the way a person responds to his or her environment
Indicate whether the statement is true or false
How are the Clean Air Act's tailpipe emission standards set?
A. Each state must use the federal standards. B. Each state adopts its own standards. C. Each state may choose between the federal and California standards. D. The car manufacturers set the emission standards based on the state in which the car was sold.
The direct method of preparing the operating activities section of the statement of cash flows shows increases and decreases in noncash current assets and current liabilities to arrive at cash flows from operating activities.
Answer the following statement true (T) or false (F)
Which of the following is true of an unqualified indorsement?
A) It does not limit or disclaim liability. B) It obligates the indorser to pay for the instrument. C) It guarantees payment of the instrument if the maker defaults. D) It protects subsequent indorsees from liability.