Exam 15: Contracts in Writing

Most types of contracts are valid without being written.

Richard agrees to supply Henry with all his needs of specially made shampoo for Henry's beauty salon.Henry believes that Richard is a representative of a famous hair products company,but he finds a letter to a competitor written by Richard two days before the agreement is signed proving that Richard is a fraud.Richard says that this letter may not be admitted to court since the contract is wholly integrated.Is he correct?

The parol evidence rule is an exclusionary rule of evidence.

Barry's Sport Shop calls Champs Tee Shirt Company to order 200 designer tee shirts at $2 per shirt.The next day,Barry decides he can easily sell 100 more.Before the order is filled,he calls to change the order to 300 tee shirts.Champs sends 200.Can Barry force Champs to send the additional 100?

Bob sends Fred a letter offering to sell Fred his car for $2,500.Fred writes back that he'll take it.They now must get together and write a memorandum because it is a sale of goods for over $500.

The English statute of frauds and the Code's provision differ in language but have the same basic legal effect: an oral contract for certain identified situations is void.

E-Sign:

Under the UCC,a(n)____ is a sequence of previous conduct between the parties to an agreement which may be fairly regarded as establishing a common basis of understanding for interpreting their conduct under the contract.

The UCC permits an oral agreement for the sale of goods to be enforced against a party who admits to the contract in court,even though the statute of frauds requires the agreement to be in writing.

The statute enacted by Congress which makes electronic records and signatures valid and enforceable for many transactions affecting interstate or foreign commerce is the:

The statute of frauds generally requires that both parties sign the writing.

The UCC requires that all contracts for the sale of goods must be in writing.

Although a contract to purchase an undeveloped lot must be in writing to be enforceable,a contract to run power lines over someone else's lot need not be.

In interpreting a contract,terms which have been separately negotiated are given priority over standardized,pre-printed terms.

Explain what the parol evidence rule is and when it is used.

Under the UCC statute of frauds,which of the following terms must be included in a writing in order to satisfy the writing requirement?

The parol evidence rule prohibits introduction of all evidence that would result in modifying written contracts.

In states that have adopted it,the Uniform Electronic Transactions Act:

The parol evidence rule applies to partially written agreements.

Most states have statutes requiring which of the following contracts to be evidenced by a writing to be enforceable?