A(n) __________ is one that appears to be an agreement but lacks an essential requirement for validity and enforceability. Multiple Choice executed contract valid contract enforceable contract void contract voidable contract

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21-06-2022
Business

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A(n) __________ is one that appears to be an agreement but lacks an essential requirement for validity and enforceability. Multiple Choice executed contract valid contract enforceable contract void contract voidable contract

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rahulsharma789888 rahulsharma789888 · Answer 1 · 2022-06-28T11:12:04+02:00

A document that purports to be an agreement but does not include all necessary terms is known as a void contract. Therefore, choice 3 is right.

What do you mean by a contract?

A contract is defined as a commitment to do something between two or more parties. A loan arrangement between automobile purchasers and sellers is an illustration of a contract.

An arrangement between two persons to get married is an example of a contract.

A formal contract that is effectively void and unenforceable from the moment it is created is known as a void contract.

Hence, the correct option is Void contract to be filled in given blank

Learn more about contracts:

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