The failure to have a license will not render agreements void if the license:
A) is based on formal education
B) is required for engaging in a particular business or trade
C) is a regulatory license
D) is readily obtainable by anyone who offers payment of a required fee

Question

Quizplus · Accepted Answer

Agreements are generally not rendered void if the license in question is of a type that is readily obtainable by anyone who offers payment of a required fee. This is because such licenses are typically not intended to certify qualification or competence, but rather to regulate and generate revenue, making the lack of such a license less critical to the validity of the agreement.

The Failure to Have a License Will Not Render Agreements