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Which of the Following Statements Is True About Contract Laws

Question 20

Multiple Choice

Which of the following statements is true about contract laws?


A) Their application is confined to formally written documents.
B) They must be formal in order to be valid.
C) They enable private agreements to be legally enforceable.
D) They are applicable to all business dealings that are against public policy too.
E) They are invalid in instances that involve implied "promises."

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