Which of the following statements is FALSE?
A)most contracts should be in writing to avoid later conflicts
B)office lottery pools require a written contract to create valid legal rights
C)a contract for the ownership of a time-share condominium must be in writing to be valid
D)contract for the sale of a boat does not have to be in writing to be valid
E)even if both sides in a contract agree to all the terms, a court may rule the contract is illegal

Question

Quizplus · Accepted Answer

Office lottery pools do not necessarily require a written contract to create valid legal rights; verbal agreements can also be legally binding, though written contracts are recommended for clarity.

Which of the Following Statements Is FALSE