Question: Help Save & Exit Submit Mary Q. Contrary is planning a big celebration for the tenth anniversary of the opening of Silver Bells and Cockle

Help Save & Exit Submit Mary Q. Contrary is
Help Save & Exit Submit Mary Q. Contrary is planning a big celebration for the tenth anniversary of the opening of Silver Bells and Cockle Shells, her retail garden center. Mary wants to book the Pretty Iron Maidens (PIM), a death metal string trio, to perform at the celebration. Mary and Harry Stevis, the front man for PIM, agree that PIM will perform at the tenth anniversary celebration, which is 15 months later. (Mary did not want to wait too long and lose the chance to book her favorite group.) They shake hands on it, but do not write or sign any type of formal agreement. If six months later PIM notifies Mary that they are backing out of the agreement because they got an offer to perform at a different venue that same day for substantially more money, can Mary enforce the agreement with PIM to perform at her anniversary celebration despite the fact that it was not in writing? Multiple Choice No. Because the contract cannot be fully performed within a year of its creation, it is within the statute of frauds Yes. Because the contract cannot be fully performed within a year of its creation, no writing is necessary No. Because PIM is a merchant, there must be a writing to enforce the contract No. It is a colateral contract Yes. It is a collateral contract that need not be in writing

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