A) German law does not have a parol evidence rule.
B) France has a limited parol evidence rule.
C) The parol evidence rule in France does not apply to commercial contracts.
D) England requires that promises to pay for the debt of others be in writing.
E) England has significantly increased the number of contracts falling within the statute of frauds since the original act was passed.
G) A) and C)
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B) False
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A) Disputes are easier to settle when contractual terms are solidified in writing.
B) The moment of writing allows both parties to reconsider terms and ensure what they desire.
C) In general, written contracts aid in the conduct of smooth business contracts.
D) The idea of requiring a writing comes from an English law.
E) All contracts must be in writing in order to be enforced.
G) A) and E)
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The adjuster is not correct.The insurer ...View Answer
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A) Preliminary
B) Planned
C) Approved
D) Prenuptial
E) Arranged
G) A) and D)
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A) The statement has no effect because of the statute of frauds.
B) The statement would be excluded from consideration as parol evidence but only because it involved an amount in excess of $5,000.
C) The judge would be estopped from considering the evidence.
D) The statement would be classified as an admission and would establish an exception to the statute of frauds involving the agreement on the house.
E) The statement would be excluded from consideration because of the collateral interest rule.
G) A) and D)
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A) The party against whom action is sought
B) The offeror only
C) The offeree only
D) Only a person who has agreed to pay the debt of another
E) Any party to the contract
G) None of the above
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A) Complete contracts
B) Integrated contracts
C) Adhesion contracts
D) Bilateral contracts
E) Acknowledged contracts
G) B) and E)
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B) False
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A) Hawaii and Alaska
B) Louisiana and New York
C) Louisiana and California
D) Kentucky and Florida
E) North Carolina and Montana
G) A) and D)
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A) Interests in land within the statute of frauds include promises to sell crops annually and agreements between parties for profit sharing from the sale of real property, but not boundary disputes that have been settled through the use of land.
B) Interests in land within the statute of frauds include promises to sell crops annually, but not agreements between parties for profit sharing from the sale of real property or boundary disputes that have been settled through the use of land.
C) Interests in land within the statute of frauds include boundary disputes that have been settled through the use of land, but not promises to sell crops annually or agreements between parties for profit sharing from the sale of real property.
D) Interests in land within the statute of frauds include boundary disputes that have been settled through the use of land and promises to sell crops annually, but not agreements between parties for profit sharing from the sale of real property.
E) Interests in land within the statute of frauds include promises to sell crops annually, agreements between parties for profit sharing from the sale of real property, and boundary disputes that have been settled through the use of land.
G) A) and B)
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A) That the plaintiff was barred from recovery by the suretyship provision of the statute of frauds.
B) That the plaintiff could recover because the original agreement between the third party and the defendant was in writing.
C) That the oral agreement fell outside the statute of frauds if the plaintiff satisfied the main purpose doctrine.
D) That the oral agreement fell outside the statute of frauds if the plaintiff satisfied the parol evidence rule.
E) That the plaintiff could recover as a matter of law because the statute of frauds does not apply to suretyship agreements.
G) A) and E)
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A) Wally should have known better, and his actions would be of no use to him in attempting to enforce the contract.
B) The judge would consider his actions under the UCC as exceptions to the parol evidence rule.
C) His actions would likely amount to promissory estoppel, which establishes an exception to the statute of frauds.
D) His actions would be considered as admissions.
E) His actions would be considered only because Wilma told the judge that she had orally agreed to the contract.
G) D) and E)
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A) The contract or memorandum needs only to state the price of the goods.
B) The contract or memorandum needs only to state the quality of the goods.
C) The contract or memorandum needs only to state the quantity to be sold.
D) The contract or memorandum needs to state the price of the goods and the quality of the goods, but not the quantity to be sold.
E) The contract or memorandum needs to state the price of the goods, the quality of the goods, and also the quantity to be sold.
G) B) and C)
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B) False
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A) He will be able to avoid the agreement because it was not in writing.
B) He will be able to avoid the agreement because a promise to pay the debts of an estate would not come within the statute of frauds.
C) A promise to pay debts of an estate out of an executor's own funds would come within the statute of frauds, but the oral agreement Bruce made will likely be enforceable under the substantial-purpose rule.
D) A promise to pay debts of an estate out of an executor's own funds would come within the statute of frauds, but the oral agreement Bruce made will likely be enforceable under the main-purpose rule.
E) A promise to pay debts of an estate out of an executor's own funds would come within the statute of frauds; but regardless of whether the debtors can establish reliance, the oral agreement Bruce made will likely be enforceable because he admitted he had agreed to pay.
G) B) and E)
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A) There is no requirement of any signature of either party to satisfy the statute of frauds.
B) Any party required to sign must sign at the beginning of the document.
C) Any party required to sign must sign at the end of the document.
D) Any party required to sign must sign both at the end and at the beginning of the document.
E) So long as it is meant as a signature, a party required to sign may sign at any place on the document.
G) C) and D)
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A) It relates to fraudulent contracts.
B) It does not address illegal contracts.
C) It does not exist at the federal level.
D) It requires that only certain contracts be in writing.
E) It is not a unitary government act.
G) A) and C)
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B) False
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A) Words establishing penalties
B) Speech or words, specifically words outside the original writing
C) Oral speech as opposed to written words
D) Written words as opposed to oral speech
E) Signature required
G) B) and C)
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