One of the primary purposes of the statute of frauds requirement that a contract be in writing
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Question:
One of the primary purposes of the statute of frauds requirement that a contract be in writing is:
that courts do not favor verbal contracts.
to provide reliable evidence that a contract exists.
to ensure that lawyers are involved in the making of all contracts.
to ensure that contracts involving large sums of money are precise.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date: