Exam 16: The Writing Requirement in Our Digital World

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

An oral contract may be enforceable if the person making the promise could foresee that the promisee would rely on the promise.​

(True/False)
4.8/5
(31)

The Statute of Frauds operates as a defense to the enforcement of an oral contract for the sale of land.

(True/False)
4.9/5
(30)

Dick's Burgers n' Shakes enters into an oral contract with Restaurant Equipment Warehouse (REW) for REW's sale to Dick's of a single-spindle milkshake mixer for $300. Assuming the terms can be proved, the contract is enforceable by

(Multiple Choice)
4.8/5
(36)

An oral contract may be enforceable if there is no way to avoid injustice except to enforce the promise.

(True/False)
4.8/5
(34)

Nate promises to pay for dental services provided by Otto to Polly. Nate receives no personal benefit for the promise. To be enforceable, the promise must be in writing if

(Multiple Choice)
4.9/5
(33)

All collateral promises must be in writing to be enforceable.​

(True/False)
4.7/5
(38)

A contract must be in writing to be enforceable if its performance is impossible within one year.

(True/False)
4.9/5
(33)

A prenuptial agreement must be in writing to be enforceable.

(True/False)
4.9/5
(33)

Pumps, Inc., agrees to assume a debt of Quality Parts Company to Reliable Finance LP. The agreement is not in writing. To be enforceable, the promise must be for the benefit of

(Multiple Choice)
4.8/5
(38)

Don and Evon orally agree on the sale of Don's Electrical Supplies Company to Evon and jot down the terms on the back of one of Don's blank invoices, which they both sign. A written memorandum evidencing an oral contract that would otherwise be unenforceable must contain

(Multiple Choice)
5.0/5
(44)

A contract in which a party assumes a secondary obligation normally must be in writing to be enforceable.

(True/False)
4.9/5
(44)

​In a transaction for the sale of an auto painting facility, Bright Auto Colors Company tells Custom Cars Corporation that the paints and other supplies onsite are included. The contract says nothing about the supplies onsite, but does state, "This document supersedes all oral promises relating to the sale." Are the supplies part of the sale? Why or why not?

(Essay)
4.9/5
(39)

ActioNOW and Becca enter into an oral contract in which Becca agrees to work on a project for ActioNOW for eighteen months. This contract is enforceable by

(Multiple Choice)
4.9/5
(40)

A contract must be in writing to be enforceable if it makes performance possible only over a period of more than one year.

(True/False)
4.8/5
(38)

There are exceptions to the Statute of Frauds.

(True/False)
4.9/5
(33)

Hal's Hardware Inc. and Ideal Tools Corporation sign a written contract for a sale of goods. To be enforceable, this written contract must include

(Multiple Choice)
4.9/5
(32)

​Ray agrees to buy one hundred pounds of almonds from Sol. To be enforceable, the agreement must be in writing if the almonds cost at least

(Multiple Choice)
4.9/5
(39)

Flo agrees to assume a debt owed by Guitars Inc. to Home Bank. The agreement is not in writing. To be enforceable under the "main purpose" rule, the promise must be for the benefit of

(Multiple Choice)
4.9/5
(37)

Fact Pattern 16-1 Grain Co-op, LLC and Hearty Cereals, Inc., discuss the terms of a contract for periodic deliveries of corn. Grain faxes Hearty a memo on Grain's letterhead that summarizes the points on which they agreed, including a two-year term. Grain begins to perform, and Hearty accepts the deliveries but refuses to pay. -Refer to Fact Pattern 16-1. Between Grain and Hearty, there is​

(Multiple Choice)
4.9/5
(27)

Fact Pattern 16-3 Alain and Brie sign a contract for the sale of Alain's Patisserie to Brie. The parties intend their written contract to be a final statement of most, but not all, of the terms of their agreement-Alain must first buy the building from Commercial Properties, Inc., after which Alain and Brie will agree on a price. -Refer to Fact Pattern 16-3. Brie later disputes some of the provisions of the deal with Alain. If the dispute results in litigation, a court will most likely admit evidence of additional terms that are​

(Multiple Choice)
4.9/5
(35)
Showing 41 - 60 of 72
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)