Exam 15: The Statute of Fraudswriting Requirements

Evidence of prior agreements that differ from the written terms of a con?tract can be introduced in court to alter the contract.

Timber, Inc., and United Corporation enter into an oral contract for a sale of a lumber mill. Under the Statute of Frauds, before United takes possession, this contract is enforceable by

Theo and Uma orally agree on the sale of Theo's Fitness Center to Uma and note the terms on a sheet of the center's stationery, which includes the Center's letterhead but which neither party signs. This agreement is most likely enforceable against

To be enforceable, a writing evidencing an oral contract that would otherwise be unenforceable must be signed by the party who seeks to enforce it.

Consumer Goods, Inc., and Delta Distribution, Inc., sign a written con?tract for a sale of goods. To be enforceable, this written contract must include

An integrated contract is a contract with more than one subject or part.

Glen and Haj sign a written contract. Glen claims that the parties later orally agreed to modify the contract. Any oral modification is likely not enforceable if it falls under

Edy borrows $1,000 from First County Bank. Gil orally promises First County that he will repay the loan if Edy does not. Gil does not get any personal benefit for the promise. Gil's promise is

Parol evidence includes oral evidence that is outside a written contract and not incor?po?rated into the contract expressly or by reference.

A contract that has not been fully performed by the end of a year from the day of its making must be rewritten to continue in force.

Dina files a suit against Engineering Associates to enforce a written con?tract between the parties. Parol evidence will be admitted to prove

Little Goods Store and Major TV Sales Corporation enter into an oral contract for Major's sale to Little of eight DVD players for $100 each. After Little takes possession of the players, but before payment, this contract is

A contract may have to be in writing to be enforceable even if its performance is possible within a year.

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

Beta Grocers orders by phone twenty cartons of canned beets from Carotene Food Packers, Inc. After ten cartons are delivered and accepted, Beta repudiates the contract. Carotene can enforce the contract to

Fact Pattern 15-A1 Macro Marketing, Inc., and National Food Corporation discuss the terms of a contract. Macro then faxes NFC a memo on Macro's letterhead that summarizes the items on which they agreed, including a two-year term. NFC begins to perform, but Macro refuses to pay. -Refer to Fact Pattern 15-A1. The transaction between Macro and NFC falls within the Statute of Frauds'

Property Development Company and Quality Land Corporation sign a writ?ten contract for a sale of land. In some states, to be enforceable, this con?tract must include

Andy and Biz Company (BC) enter into an oral contract under which Andy agrees to clean BC's office for two years. This contract is en?forceable by

Oral evidence of the modification of a contract after its making can be introduced at a trial.

A contract involving property of any kind must be in writing to be enforceable.