Exam 13: Form of Contracts

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All of the following are true of the Statute of Frauds,EXCEPT:

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The Web page or e-mail is generally regarded as the writing that satisfies the Statute of Frauds in the case of:

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When a person dies before settlement of his assets,the estate is settled by a:

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The Statute of Frauds applies to executory contracts only.

(True/False)
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To be enforceable,agreements must be in writing if they are for at least:

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If the life of an agreement is indefinite and could be completed within a year,the agreement need not be in writing to be enforceable.

(True/False)
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All contracts to sell real property,or any interest in it,must be in writing to be enforceable.

(True/False)
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An oral promise,or guaranty,to pay the debts or settle the wrongdoings of another is enforceable only if made on behalf of family members.

(True/False)
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Certified checks are not included in the forms of acceptable payment.

(True/False)
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Consistent oral statements may:

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Oral evidence introduced after a contract is signed may be legally accepted if it clarifies some point in a written agreement.

(True/False)
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A contracting party intending to authenticate a written agreement may use any symbol as their:

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Written contracts seldom contain an acknowledgment that the buyer has inspected the goods,or has waived his or her right to such inspection.

(True/False)
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A(n)______ to pay the debts or settle the wrongdoings of another if he or she does not make settlement personally is not enforceable unless it is written.

(Multiple Choice)
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_______________ is one of the essential elements of a valid contract.

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Competency of parties is not a mandatory requirement to make a contract valid.

(True/False)
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An exchange of promises made by persons planning to marry is known as a(n):

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To satisfy the Statute of Frauds,a written contract or agreement is sometimes called a:

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That certain kinds of contracts should be in writing is a requirement under the:

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The parol evidence rule refers to the addition of supplementary evidence or conditions that a party wants added to a written contract.

(True/False)
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