A contract which was required to be in writing in order to be enforceable, was made orally instead. If both parties have completed its terms, what is TRUE about the contract? A) The contract was illegal from the beginning and remains illegal even though there was full performance B) The contract may be avoided by either party even though there was full performance C) The contract will be set aside by the action of the courts D) Since the contract has already been fully performed, a writing is not necessary.
A contract which was required to be in writing in order to be enforceable, was made orally instead. If both parties have completed its terms, what is TRUE about the contract? A) The contract was illegal from the beginning and remains illegal even though there was full performance B) The contract may be avoided by either party even though there was full performance C) The contract will be set aside by the action of the courts D) Since the contract has already been fully performed, a writing is not necessary.
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A contract which was required to be in writing in order to be enforceable, was made orally instead. If both parties have completed its terms, what is TRUE about the contract?
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