Asked by

Ankita Yadav
on Nov 27, 2024

verifed

Verified

Solar Power LLC and Trey enter into an oral contract under which Solar agrees to provide Trey with lifetime employment. This contract may be enforceable by

A) Trey only.
B) Solar only.
C) any interested third party, such as a Solar supplier.
D) either Solar or Trey.

Lifetime Employment

A job guarantee in which an employee can expect to remain employed in their position for their entire working life.

Oral Contract

An agreement between parties that is spoken and not written, yet is legally binding unless specifically required by law to be written.

Enforceable

Capable of being executed or imposed in accordance with legal or contractual requirements.

  • Acknowledge the importance of spoken contracts and the situations where they are legally valid.
verifed

Verified Answer

JC
Johanna CamposDec 01, 2024
Final Answer:
Get Full Answer