Exam 13: The Statute of Fraudswriting Requirement

To be enforceable, a memorandum evidencing an oral contract that would otherwise be unenforceable must include the essential terms.

Daisy files a suit against Elton to enforce an oral contract that would otherwise be unenforceable under the Statute of Frauds. The court could enforce such a contract if

Prenuptial agreements are agreements made during a wedding ceremony that define each partner's duties to one another during the marriage.

Ted and Svetlana orally agree to several different oral contracts. The Statute of Frauds will bar enforcement of an oral contract for

In some states, an otherwise unenforceable oral contract may be enforced under the doctrine of promissory estoppel.

Lucas orally agrees to sell his Mountain Spring Beverage Company to Natural Soft Drinks, Inc. Lucas notes the terms on a sheet of Mountain Spring stationery and signs it. This agreement is most likely enforceable against

Any collateral promise falls outside the Statute of Frauds and does not need to be in writing to be enforceable.

Eleanora offers Flossy the amount of an investment in Flossy's start-up business venture if she marries Eleanora's son Glenn. This promise is enforceable

Fact Pattern 13-1 Alain and Brie sign a contract for the sale of Alain's Coffee Café to Brie. The parties intend their written contract to be a final statement of most, but not all, of the terms of their agreement-Alain must first buy the building from Developed Commercial Properties, Inc., after which Alain and Brie will negotiate a price. -Refer to Fact Pattern 13-1. Brie later disputes some of the provisions of the deal with Alain. If the dispute results in litigation, a court will most likely admit evidence of additional terms that are

Evermore Sports Gear Corporation and Trendy Goods, Inc., enter into a contract. To be enforceable, the contract must include

Quest Holdings, Inc., orally contracts for a lease of its facilities to Ray to use for his Swamp & Bayou Fishing Camp. Ray pays part of the rent, takes possession, and improves the property for use by his enterprise. The contract is most likely enforceable by

A contract in which a party assumes a secondary obligation must be in writing to be enforceable.

Hanson and Taylor sign a written contract for the transfer of Hanson's Foot & Ankle Clinic to Taylor. Hanson claims that the parties later orally agreed to modify it. Any oral modification is likely not enforceable if it falls under

Francine buys a new business-law textbook for $125 and a used car for $6,000. She also signs a one-year lease for an apartment for $700 monthly rent to start at the beginning of the next month. The Statute of Frauds covers

A prenuptial agreement must be in writing to be enforceable.

Ulrich files a suit against Vern to enforce a written con?tract. If the court finds that the parties intended the contract to be the final statement of their agreement, parol evidence can be admitted to prove

Ilsa and Jiffy Loan Company enter into an oral contract under which Ilsa agrees to pay Kyle's debt if he does not. Ilsa does not get any per?sonal benefit from the agreement. This contract is enforceable by

Sharon agrees to assume a debt owed by Tom's Guitars Inc. to United Funds Bank. The agreement is not in writing. To be enforceable under the "main purpose" rule, the promise must be for the benefit of

An oral con?tract for a transfer of land is always enforceable.

Commercial Decor, Inc., files a suit against Discount Mart Corporation, asking the court to enforce an oral contract between the parties under the doctrine of promissory estoppel. This doctrine applies in