All lawn maintenance businesses must pay the state a $200 annual license fee with no other legal regulations.ABC Yards,Inc.fails to pay the license fee.Which of the following is true in case ABC Yards has failed to acquire a license because of the failure to pay the $200?
A) The lack of a license will not necessarily make a contract void.
B) The lack of a license makes the contracts void under contract laws.
C) All contracts of ABC are voidable,due to their failure to obey the regulation.
D) Only executory contracts by ABC will be voidable.
Correct Answer:
Verified
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