Question: 6. When a contract could possibly be performed within one year, but no time limits are specified in the agreement then the Statute of Frauds
6.
When a contract could possibly be performed within one year, but no time limits are specified in the agreement then the Statute of Frauds does not apply.
Select one:
a. True
b. False
7.
To determine if an individual is an Independent Contractor or an Employee courts will consider.
Select one:
a. Performance by the individual
b. The Right to Control Test
c. Does the individual lack capacity
d. All of the above
8.
To determine how a party may discharge a contract by performance, which of the following terms must be agreed upon.
Select one:
a. The nature of performance
b. Time of performance
c. Sufficiency of performance
d. All of the above
9.
The Statute of Frauds requires that all Pre-Nuptial Agreements be made in writing.
Select one:
a. True
b. False
10.
Substitution occurs when a new contract is created between the parties to replace and existing agreement. When a new contract is created to replace an existing agreement, and a new party is brought in to replace one of the original parties it is called.
Select one:
a. Recission
b. Release
c. Novation
d. Waiver
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