Unformatted text preview: acceptance of any documents which would have made the oral contract enforceable. Case 14.3 – Sufficiency of a Writing Question 1: Knight argued in defense that the handwritten memorandum was not enforceable because it did not satisfy the Statute of Frauds. Is he correct? No, he is not correct. The handwritten memorandum contained all of the essential terms that are needed for the Statute of Frauds which include the name of what is being sold, the price and the parties involved. Since all parties initialed acceptance and understanding on the memorandum, it would prove to be sufficient and an enforceable contract according to the Statute....
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- Fall '15
- Business Law, new owner, handwritten memorandum