Exam 10: The Requirement of Writing

John drives his car into the home of Jack causing extensive damage. James, John's brother, goes to Jack and makes the following statement. "I'll pay for the damage caused by my client if he is unable to pay you." Which of the following is true?

Which of the following is true about consumer protection statutes?

What is the difference between a promise of guarantee and a promise of indemnity?

Explain the doctrine of part performance in the context of the Statute of Frauds.

The doctrine of part performance, as it relates to the Statute of Frauds, requires that a court accept part performance of all oral contracts as evidence of the contract, in place of the written contract.

A distinction must always be drawn between the substance of a contract and its

The Statute of Frauds is a law that was passed to prevent fraud in transactions concerning the purchase and sale of land only.

George owes Michael Moneybags $1000. Susan, George's sister goes to Michael Moneybags and makes this statement, "I shall pay the debt of my brother." This statement is

The Statute of Frauds renders certain types of contracts unenforceable unless they are in writing.

Which of the following is outside the scope of the Statute of Frauds?

Which of the following is NOT a condition that must be satisfied before a court will accept part performance of a contract as evidence of the contract in place of the written contract?

Which of the following is not a reason for the parties to reduce their contract into writing?

Explain how an oral contract that is unenforceable because it is not in writing, may still affect the relationship between the parties.

An unenforceable contract is a void contract.

It is good business practice of have a written record of a contract because

Which of the following is NOT one of the kinds of conduct that must be established by a party who seeks to enforce an agreement, under the Sale of Goods Act, that is not in writing?

Under the Statute of Frauds, a promise of indemnity and a promise of guarantee must be in writing to be enforceable.

At common law once the terms of a contract are determined, it is irrelevant that it is only a verbal contract.

Which of the following statements is true about the doctrine of Part Performance?

Which of the following is true with regard to a contract that has to be in writing?