BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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unenforceable
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limited
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voidable
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fraudulent
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Detailed explanation-1: -Undue Influence, Duress, Misrepresentation Coercion, threats, false statements, or improper persuasion by one party to a contract can void the contract.
Detailed explanation-2: -Contracts that include terms opposing state or federal law are automatically unenforceable. For example, if an employer forces an employee to sign a contract that prevents him or her from taking sick leave, it would be considered unenforceable.
Detailed explanation-3: -Meaning of unenforceable contract in English a contract that cannot be accepted as legal in a court of law because of a condition that is not legal, information that is not correct, etc.
Detailed explanation-4: -Kinds of unenforceable contracts. (1) Those entered into in the name of another by one without or acting in excess of authority; (2) Those that do not comply with the Statute of Frauds; and (3) Those where both parties are incapable of giving consent.