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Submission ViewYour quiz has been submitted successfully.QuestionsQuestion 11 / 1 pointFor statute of frauds purposes, an interest in land includes:Question options:a house.a real estate mortgage.an easement.All of the above.
Question 21 / 1 pointTuan is president and sole shareholder of Entertainment, Inc. Entertainment, Inc. wishes to borrow money, but to do so, the bank requires Tuan to orally agree to pay the debt of the corporation if Entertainment, Inc. cannot. Tuan's guarantee to repay is:
Question 31 / 1 pointRobin and Bellman, both merchants, orally agree to a contract for the sale of $5000 of accessories. Bellman, the buyer, sends to Robin, the seller, a written confirmation of the sale, which is sufficient against Bellman under the statute of frauds and which Bellman signs. Robin fails to perform the contract and does not ship out the goods. Bellman sues. This contract is:
Question 41 / 1 pointIn order to satisfy the statute of frauds, a writing must:
Question 51 / 1 pointWillis and Leslie orally agree to the sale of a parcel of land for $50,000: one-half payable now as a down payment; one-half payable in 30 days at the time of closing when the title will be transferred. The buyer, Willis, is to have possession immediately. Willis pays Leslie $25,000, takes possession of the land, and starts building a house. At the time of closing, Willis has made a substantial beginning on the house. However, Leslie refuses to transfer the title, claiming the oral contract is not enforceable. This contract is:Question options:enforceable, because the statute of frauds does not apply to this interest in land.unenforceable, because there is no writing signed by Leslie.

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