Question: Dale gets into a contract that is required to be in writing under the Statute of Frauds but is not, the contract is A unenforceable

Dale gets into a contract that is required to be in writing under the Statute of Frauds but is not, the contract is A unenforceable O B. unilateral , executed D. formal

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q3 (a) Describe the concept of diversification. (b) (4 marks) You are considering the following investments. The current rate on Malaysian Treasury Bills is 3.3 percent, and the expected return for...

1- A is super rich and has 5 Rolex watches. B is a friend of A's from when they were very little. B has worked hard in life, but doesn't have much money. One day, B tells A that he really likes A's...

44. Agreements under the Statute of Frauds must: a. be in writing b. be for under $100.00 c. be on legal paper d. be notarized e. all of the above f. a and d only 45. An illegal agreement is one that...

41. A contract between a business and a person who lacks the capacity to understand the nature and consequences of the contract may be considered: a. vested b. voidable c. able to be terminated by...

Statute of Frauds -- It is possible to have a perfectly valid oral contract. Reducing a contract to writing is not a prerequisite to its enforceability. The exception to that general rule is found...

BL260 Contracts Test 3 F 17 True/False Mark your scantron answer sheet (A) for true or (B) for false. 1. 2. 3. 7. 8 Under the objective theory of contracts, the intention to enter into a contract is...

1)Under the Statute of Frauds Select one: a.All contracts must be in writing b.All contracts not in writing will be void c.Certain contracts must be in writing or they will be void d. Certain...

If a contract is required to be in writing under the Statute of Frauds but is not, the contract is unilateral executed formal unenforceable

If a contract is required to be in writing under the Statute of Frauds but is not, then the contract is _ _ _ _ _ _ _ _ . Group of answer choices unenforceable voidable void validIf a contract is...

53. Which contract(s) is/are required to be in writing under the Statute of Frauds? a. proposal asking someone to marry b. contract for sale of any goods by merchant c. an easement on real property...

Michael Kalmus entered an oral employment contract with Financial Necessities Network, Inc. The contract provided that Kalmus would work as a commissioned salesman, with a starting salary and a 2 5 -...

The following disclosure was included in the footnotes of Caterpillar's 2008 annual report. The company uses the LIFO cost flow assumption and reported net income of $3,557 for 2008. The company's...

Arbitration will be the prevalent form of dispute resolution for international business in the 21st century?

4 - this person has a superior ability to analyze information 3 - this person has advanced ability to analyze information 2 - this person has a deficiency in analyzing information 1 - this person is...

D. Johnston, a physical therapist, opened Johnstons Clinic. His accountant provided the following chart of accounts: Assets Cash Accounts Receivable Office Equipment Office Furniture Liabilities...

As part of a study of natural variation in blood chemistry, serum potassium concentrations were measured in 84 healthy women. The mean concentration was 4.36 mEq/1, and the standard deviation was...

A sample of 20 fruitfly (Drosophila melanogaster) larva were incubated at 37°C for 30 minutes. It is theorized that such exposure to heat causes polytene chromosomes located in the salivary...

This study aims to determine whether or not heating flaxseeds before consumption can alter the amount of thiocyanate in the blood. Researchers fed 14 rats a diet consisting of 30% flaxseeds for 30...

A certain cross between sweet-pea plants will produce progeny that are either purple flowered or white flowered;11 the probability of a purple-flowered plant is p = Suppose n progeny are to be...

A supervisor informing an employee that refusal to grant sexual favours will result in a poor performance rating is an example of Select one: executive priviledge a job - related annonyance sexual...

Discuss the unique training and development needs of employees working in international locations.

Explain how labour relations practices differ around the world.

Describe the types of organizational forms used by companies with international operations.