Question
Which of the following statements is true about contracts?
A. Parties to an informal contract can use any words they choose to express their contract.
B. A contract under seal is disclosed only to the offeror of the contract.
C. A letter of credit is an informal contract.
D. A void contract is the same as a voidable contract.
Answ:D
A. Parties to an informal contract can use any words they choose to express their contract.
B. A contract under seal is disclosed only to the offeror of the contract.
C. A letter of credit is an informal contract.
D. A void contract is the same as a voidable contract.
Answ:D
Answers
Bot
. A void contract is the same as a voidable contract.