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Which of the Following Statements Is True of Contracts

Question 24

Multiple Choice

Which of the following statements is true of 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.

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