Question 1

The UCC does not allow the integration of writings to form a single contract.

Accepted Answer

A) True 
 B)False

Question 2

A written contract may be enforceable against one party but not the other party.

Accepted Answer

A) True 
 B)False

Question 3

What does the "equal dignity rule" require?

Accepted Answer

A)  That contracts for the sale of goods over a certain dollar amount be in writing. 
B)  Consideration to support a contract. 
C)  That the writing required by the Statute of Frauds meet certain requirements. 
D)  That an offer and an acceptance be mirror images of each other. 
E)  That the contract of an agent to sell property covered by the Statute of Frauds must be in writing for the sale of the property to be enforceable. 
A)  That contracts for the sale of goods over a certain dollar amount be in writing. 
B)  Consideration to support a contract. 
C)  That the writing required by the Statute of Frauds meet certain requirements. 
D)  That an offer and an acceptance be mirror images of each other. 
E)  That the contract of an agent to sell property covered by the Statute of Frauds must be in writing for the sale of the property to be enforceable.

Question 4

The part performance exception for contracts involving the sale of an interest in land provides that which of the following is true?

Accepted Answer

A)  The parol evidence rule does not apply. 
B)  The contract will be enforced despite the fact that it is not in writing. 
C)  Where multiple parties share the performance obligations,the contract need not be in writing. 
D)  Once a contract has been partially performed,it must be put in writing if that has not already happened. 
E)  Contracts cannot be partly performed until they are put in writing. 
A)  The parol evidence rule does not apply. 
B)  The contract will be enforced despite the fact that it is not in writing. 
C)  Where multiple parties share the performance obligations,the contract need not be in writing. 
D)  Once a contract has been partially performed,it must be put in writing if that has not already happened. 
E)  Contracts cannot be partly performed until they are put in writing.

Question 5

The physical attachment of several documents to form one contract may be allowed as long as the attachment indicates a party's intent to show integration.

Accepted Answer

A) True 
 B)False

Question 6

In a guaranty situation where the main purpose is not to benefit the guarantor,the guaranty contract must be in writing.

Accepted Answer

A) True 
 B)False

Question 7

For Statute of Frauds purposes,an "interest in land" includes only the land itself and any fixtures attached to the land.

Accepted Answer

A) True 
 B)False

Exam 14: Statute of Frauds and Equitable Exceptions

The UCC does not allow the integration of writings to form a single contract.

A written contract may be enforceable against one party but not the other party.

What does the "equal dignity rule" require?

The part performance exception for contracts involving the sale of an interest in land provides that which of the following is true?

The physical attachment of several documents to form one contract may be allowed as long as the attachment indicates a party's intent to show integration.

In a guaranty situation where the main purpose is not to benefit the guarantor,the guaranty contract must be in writing.

For Statute of Frauds purposes,an "interest in land" includes only the land itself and any fixtures attached to the land.

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