Exam 15: The Statute of Fraudswriting Requirements

Regional Delivery, Inc., and Safe Storage Company enter into a long-term lease for a warehouse. To be enforceable, the lease must be in writ?ing if the warehouse is valued at

A contract must be in writing to be enforceable if performance is impossi?ble within one year.

AAA Loans, Inc., is one of Beta Business Corporation's creditors. AAA guarantees Beta's debt to City Bank to forestall litigation. To be enforce?able, this guarantee must be in writing

In a transaction for the sale of a warehouse, Standard Storage Company tells Tri-County Investment Corporation that the office furniture is in?cluded. The contract says nothing about office furniture, but does state, "This document supercedes all oral promises relating to the sale." Is the furniture part of the sale? Why or why not?