Exam 15: A: The Statute of Frauds

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

Grady obtains a business loan from Farmers County Bank.To keep Grady in business,and thereby obtain the benefits of a deal between them,Dakota promises the bank's loan officer that she will repay the loan if Grady does not.To be enforceable,Dakota's promise

E-Business,Inc.files a suit against Federated Financial Corporation,asking the court to enforce an oral contract between the parties under the doctrine of promissory estoppel.This doctrine applies in

A contract does not need to be in writing to be enforceable if it makes per?formance possible within any definite period of time.

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

A contract does not need to be in writing to be enforceable if the contract makes performance within one year possible.

Vern's Roofing Company and Weatherall Tiles,Inc. ,sign a written con?tract for a sale of goods.To be enforceable,this written contract must include

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

Valley Commercial Space,Inc. ,orally contracts for a lease of its facilities to Willis for the use of his start-up driftboat company.Willis pays part of the price,takes possession,and improves the property for his boatbuilding enterprise.The contract is most likely enforceable by

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

Sierra Lumber Company and Recycle & Resale,Inc. , (R&R)enter into an oral contract for Sierra's sale to R&R of six used forklifts for $2,900 each.Before R&R takes posses?sion of the goods,this contract is enforceable by

Gia orally promises Heck that she will buy his fishing trawler.For this promise to be enforceable under the doctrine of promissory estoppel

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

The Statute of Frauds requires that fraud must be proved by a writing.

Trey and Unice orally agree on the sale of Trey's Health Club to Unice and note the terms on a sheet of the club's stationery,which Trey signs.This agreement is most likely enforceable against

A contract for a sale of land cannot be enforced unless it is in writing even if the contract has been partially per?formed.

Lena buys a used MP3 player for $50 and a new laptop for $1,500,and signs a one-year employment contract for a $4,500 monthly salary to start at the beginning of the next month.The Statute of Frauds covers

Oral evidence of otherwise clear terms in a contract can be introduced at a trial to contradict those terms.

Vidal files a suit against Spectator Sports World,Inc. ,to enforce a con?tract.The only written evidence of the contract is a memo on Spectator's let?terhead signed by a company officer.The con?tract can be en?forced if the memo includes

Rand offers Quade the amount of a down payment on a house if Quade marries Rand's daughter Pepper.This promise is enforceable