Question: Question 1 5 4 pts Failure to put a contract in writing in accordance with the statute does not make the contract void, but it

Question

15

4

pts

Failure to put a contract in writing in accordance with the statute does not make the contract void, but it will render the contract unenforceable in court if the other party asserts that the contract should have been in writing.

True

False

Question 15 4 pts Failure to put a contract in writing

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 General Management Questions!

The main issue in the case dealt withcontract enforceability. 1. What were the three findings by the trial court that were subject to this appeal? 2. When do estimates for services and goods become...

only the mc Short Answer Questions (Worth 2 points per question)/CHOOSE THE BEST ANSWER 1 . Elderly woman purchases a table from a local furniture store for $5,000. She decides she does not want the...

I need to write a 2 page paper on the attached FASB Exposure draft for revenue from customer contracts. The instructions are: Develop a logical, well-articulated response to the exposure draft (for...

The last exam will cover these 3 tests plus a few small quizzes. The attached should give you a good idea of the material. Let me know if you have any questions. You can see which I got correct with...

Flag question: Question 1 Question 1 1 pts A client wants to reduce the property's hazard insurance coverage substantially, in order to save money on the premiums. If the property manager tries to...

Question 1 Bohdan and Sophia orally agree to a contract for the sale of 4000 shirts at $10 per shirt. Sophia fails to perform, and Bohdan sues: Enforceable, because the Statute of Frauds does not...

4b. In the following fact pattern, please apply the four factors, decide if Mike will be considered a merchant or farmer and if the "Merchant's Confirmatory Memo Rule applies (1 pt. each (A-D)); (2...

The rule of contra proferentem means that: Question 1 options: ambiguous or unclear language in a contract will usually be interpreted against the party that drafts it ambiguous or unclear language...

Question 4 Samuel King Limited, an all equity firm, has expected earnings before interest and taxes of GHC6million a year. Samuel King's tax rate is 25%, and the market value is V = E= GHC20 million....

Aon Risk Services, Inc. (ARS Arkansas), and Combined Insurance Companies are subsidiaries of Aon Corporation. The parent corporation issued an "Interdependency Memo" dated February 2000, which...

Create a plot that shows the index values for real GDP for both recessions. You can use the numbers provided under Quarters after Start of Recession for the values to report on the horizontal axis....

2015 is the first year of X-cell Inc. During the year it completed the following transactions by paying cash. Record the journal entry for each transaction. Enter the transaction letter as the...

E8.19 (LO 3) (Gross Profit Method) Presented below is information related to Jerrold Ltd. for the current year. Beginning inventory 600,000 Purchases 1,500,000 Total goods available for sale...

Make a statement of cashflows in good form. X X M Inbox 2,50 x M Logistics : * Course: ST: X|MyDrive- x B Group 2 Pex Course ID: Cth Moodle X C Get HomeX C Photos Screx Interview X + ....