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    Exam 16: Legal and Regulatory Environment of the Firm
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    A Contract Is a Binding Agreement Between Two or More
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A Contract Is a Binding Agreement Between Two or More

Question 24

Question 24

True/False

A contract is a binding agreement between two or more parties wherein one of the parties is obliged to do or refrain from doing a specific act and the obligation incurred is recognized or enforced by law.

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