Exam 15: The Statute of Fraudswriting Requirements

An oral contract for a transfer of an interest in land is never enforceable.

Under the Statute of Frauds, a contract that is in writing is void.

There are no exceptions to the Statute of Frauds.

Elle buys a new textbook for $100 and a used car for $5,000, and signs a one-year lease for an apartment for $1,000 monthly rent to start at the beginning of the next month. The Statute of Frauds covers

Clay buys an MP3 player for $200 and a pair of stereo speakers for $600 from a Discount City store, and downloads $300 worth of digital music from E-Music.com. To be enforceable, the contract that must be in writing is the purchase of

Sid induces Ty to enter into a contract for the sale of a warehouse about which Sid fraudulently misrepresents a number of material facts. Sid also tells Ty that his commission is 6 percent, but their signed, written contract states "12 percent." The parol evidence rule governs

Nina and Owen enter into an oral contract for Nina's sale to Owen of a la?ser printer for $400. Before Owen takes posses?sion of the printer, the con?tract is enforceable by

Delta, Inc., agrees to assume a debt of Excel Company to First State Bank. The agreement is not in writing. To be enforceable, the promise must be for the benefit of

Chloe files a suit against Digital Associates, Inc. (DAI), to enforce a con?tract. The only written evidence of the contract is a memo on DAI's let?terhead as signed by a DAI officer in its files. The con?tract can be en?forced if the memo includes

Ollie buys a cup of coffee for $2, a magazine for $5, and a boombox for $600. The requirement of a writing for the enforceability of a contract for a sale of goods at, or for more than, a certain price is governed by

To be enforceable, a memorandum evidencing an oral contract that would otherwise be unenforceable must include every term.

Fact Pattern 15-A2 Jeff and Kris sign a written contract for the sale of Jeff's Koffee Kiosk to Kris. The parties intend their written contract to be a final statement of the terms of their agreement. -Refer to Fact Pattern 15-A2. The writing that Jeff and Kris signed is

A party's oral agreement to pay another's debt is enforceable if the party's main purpose is to derive a benefit for himself or herself.

A prenuptial agreement does not have to be in writing to be enforceable.

An oral contract for a sale of goods priced at $499.99 must be in writing to be enforceable.

Oral evidence of the meaning of a contract with incomplete terms can be introduced at a trial.

Under the Statute of Frauds, all contracts must be in writ?ing to be enforceable.

Cody and Dora enter into an oral contract under which Cody agrees to work on Dora's farm for not less than one week. This contract is enforce?able by

Under the Statute of Frauds, a contract that is not in writing is void.

A contract involving a sale is the only contract relating to an interest in land that must be in writing to be enforceable.