Exam 16: The Form and Meaning of Contracts

Helen was the president and 25 percent owner of two companies that served the Uptown Mall.At the request of the mall owner,Helen helped arrange the mall's sale to Saber.To ensure continuity in mall operations,Saber offered to hire Helen as vice-president of its retail division.The terms they allegedly negotiated included a five-year term of employment,renewable for another five years,with termination at the option of either party on six months' written notice.Helen wrote some of the terms up in a letter that Saber orally agreed to but never signed.Helen worked for Saber for 11 months and then was fired without notice.Can Helen enforce the contract?

Terry and Melody have an oral contract for the sale of 100 textbooks at $100 per book.If Terry delivers the books and Melody accepts them,or if Melody pays for the books and Terry accepts payment,which of the following parties can raise the statute of frauds defense?

The student formerly known as Jim prefers to sign his name with the symbol "$." When signing his lease,he indicated his intent to be bound by placing a "$" on the lease's signature line.This satisfies the statute of frauds' writing requirement.

A contract may be enforceable if promissory estoppel applies.

If one of the parties drafted the contract,ambiguities are resolved against that party in interpreting it.

Written contracts that call for performance over a considerable period of time and thus increase the risk of faulty or willfully inaccurate recollection of their terms in subsequent disputes are called:

Under the Statute of Frauds,contracts for the transfer of ownership of land do not need to be in writing.

Under the E-Sign Act:

If the parties used a form contract,or the contract is partly printed and partly written,the printed terms control the written terms if the two conflict.

State statutes of frauds generally agree: