Multiple Choice
Choose the one most appropriate answer for each.
-requires all contracts for the sale of land to be in writing to be enforceable in a court of law
A) assign
B) attorney-in-fact
C) breach of contract
D) competent party
E) consideration
F) counteroffer
G) duress
H) forbear
I) fraud
J) liquidated damages
K) money damages
L) mutual agreement
M) novation
N) offeror
O) rescind
P) specific performance
Q) statute of frauds
R) unilateral contract
S) void contract
T) voidable contract
Correct Answer:

Verified
Correct Answer:
Verified
Q30: Rights, benefits, and obligations under a contract
Q31: In the absence of a special provision
Q32: Choose the one most appropriate answer for
Q33: Choose the one most appropriate answer for
Q34: The term "rescinded" in real estate means<br>A)
Q36: John and Jay are brothers who received
Q37: The sum of money agreed upon in
Q38: The party making an offer is called
Q39: A lawsuit for specific performance is an
Q40: A contract that results when a promise