70. The Statute of Frauds writing requirement applies to both guarantor and collateral contracts. Answers: True...
70. The Statute of Frauds writing requirement applies to both
guarantor and collateral contracts.
Answers:
True
False
71. Any contract that cannot be fully performed within one year
must be evidenced by a writing because of poor human memory and the
natural evolution of individual bias.
Answers:
True
False
72. Once a debt is discharged in bankruptcy it is not legally
enforceable and therefore can never be resurrected.
Answers:
True
False
73. Contracts subject to the Statute of Frauds must be evidenced
by the entire contract being reduced to writing by means of a
memorandum.
Answers:
True
False
Homework Answers
Answer 70 : True
Explanation : As statute of fraud is an act that is used to prevent the fraud within the contract which applies to both collateral contracts as well as guarantors.
Answer 71 : True
Explanation : As such contract comes under statute of fraud which requires it to be in writing to be enforced.
Answer 72 : False
Explanation : Only certain types of debts can be discharged in bankruptcy while other debts such as student loans etc needs to be repaid.
Answer 73 : True
Explanation : The statute of fraud must be evidenced by writing in which the contractual intention of the parties must be mentioned.
Add Answer to:
70. The Statute of Frauds writing requirement applies to both
guarantor and collateral contracts.
Answers:
True...
The Statute of Frauds requires certain contracts to be in writing to be enforceable. Which of...
The Statute of Frauds requires certain contracts to be in writing to be enforceable. Which of the following contracts is required to be in writing to be enforceable? a.A contract for the sale of farmland b.A contract for the sale of an antique c.A contract of employment d.A contract for the building of a house on farmland (give explaination)
Which statement about the statute of frauds is true? OA. All contracts must be in writing...
Which statement about the statute of frauds is true? OA. All contracts must be in writing in order to be enforced. O B. Contracts for the sale of goods for $500 or more must be in writing in order to be enforced с.contracts for the sale of land for $500 or more must be in writing in order to be enforced. All employment contracts must be in writing in order to be enforced.
44. Agreements under the “Statute of Frauds” must: a. be in writing b. be for under...
44. Agreements under the “Statute of Frauds” must: a. be in writing b. be for under $100.00 c. be on legal paper d. be notarized e. all of the above f. a and d only 45. An “illegal agreement” is one that will not be enforced because it violates: a. mirror reflection rule b. statutory law c. mutual rescission d. discord and satisfaction e. all of the above 46. The “parole evidence rule” related to contracts may refer to: a....
14. The version of promissory estoppel in the Restatement (Second) of Contracts provides that if parties enter into an oral contract that should be in writing under the Statute of Frauds, the oral p...
14. The version of promissory estoppel in the Restatement (Second) of Contracts provides that if parties enter into an oral contract that should be in writing under the Statute of Frauds, the oral promise is enforceable against the promisor if certain conditions are met. Which of the following is NOT one of these conditions? A. the promise relied on the oral promise B. the reliance was foreseeable C. injustice can be avoided only by enforcing the oral promise D. the...
check answers c. For actions of their employees away from Ployees away from work 1. for...
check answers
c. For actions of their employees away from Ployees away from work 1. for actions of their coworkers, performed on the 100 19. What is the consideration of a contract? a. The fee, if any, that will be charged b. Something of value bargained for c. The terms of the agreement d. None of these 20. A contract may be voidable if a. One party leaves town b. One party decides to cancel the contract c. One party...
The differences & similarities between the federal & state court systems. 2. The structure of the...
The differences & similarities between the federal & state court systems. 2. The structure of the Washington state court system; i.e. the trial court of general jurisdiction, the intermediate appellate court, the state supreme court. 3. Remember, Washington is in the 9 th Circuit Court of Appeals. 4. Under both the Washington state and federal court system, there is one appeal as of right. Appeals to the Washington Supreme Court(in the state system), or to the U.S. Supreme Court in...
TRUE/FALSE ___1. A reference to “RCW 4.12.020" means that a statute can be found on page...
TRUE/FALSE ___1. A reference to “RCW 4.12.020" means that a statute can be found on page 12 of volume 4 of the Revised Code of Washington, part 20. ___2. The United States Congress has adopted one particular approach to ethics, and made it a part of the United States Code; all United States businesses must follow only those statutes in the United States Code, and are not allowed to determine what their businesses’ approaches to ethics will be. ___3. An...
you must use the format provided below in order to brief the attached case 221 N.W.2d...
you must use the format provided below in order to brief the attached case 221 N.W.2d 609 (1974) John SALSBURY, Appellee, v. NORTHWESTERN BELL TELEPHONE COMPANY, Appellant. No. 55960. Supreme Court of Iowa. September 18, 1974. Laird, Burington, Bovard & Heiny, Mason City, and William F. McFarlin, Des Moines, for appellant. Boyd G. Hayes, Charles City, and William Pappas, Mason City, for appellee. Considered en banc. HARRIS, Justice. This is the third appeal in which we have considered a claim...
Which statement about the statute of frauds is true? OA. All contracts must be in writing in order to be enforced. O B. Contracts for the sale of goods for $500 or more must be in writing in order to be enforced с.contracts for the sale of land for $500 or more must be in writing in order to be enforced. All employment contracts must be in writing in order to be enforced.
check answers
c. For actions of their employees away from Ployees away from work 1. for actions of their coworkers, performed on the 100 19. What is the consideration of a contract? a. The fee, if any, that will be charged b. Something of value bargained for c. The terms of the agreement d. None of these 20. A contract may be voidable if a. One party leaves town b. One party decides to cancel the contract c. One party...
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