Ch15-TB2-WBL-10e - Chapter15 TheStatuteofFrauds...

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Chapter 15The Statute of FraudsN.B.:  TYPE indicates that a question is new, modified, or unchanged, as follows.NA question new to this edition of the Test Bank.+A question modified from the previous edition of the Test Bank,=A question included in the previous edition of the Test Bank.TRUE/FALSE QUESTIONS1.Under the Statute of Frauds, a contract that is in writing is void.PAGE:293TYPE:N
2.The Statute of Frauds requires that fraud must be proved by a writing.PAGE:293TYPE:=
3.The Statute of Frauds requires that certain types of contracts must be in writing to be enforceable.PAGE:293TYPE:=
4.A written contract for a transfer of land is enforceable.PAGE:294TYPE:=
5.A contract involving a  sale  is the only contract relating to an interest in land that must be in writing to be enforceable.
146TEST BANK 2—UNIT THREE:CONTRACTS AND E-CONTRACTSANSWER:FPAGE:294TYPE:=6.A contract involving a mortgage is the only contract relating to an interest in land that must be in writing to be enforceable.PAGE:294TYPE:N
CHAPTER 15: THE STATUTE OF FRAUDS1477.A contract does not need to be in writing to be enforceable if it makes per-formance possible within any definite period of time.PAGE:295TYPE:N
8.A contract must be in writing to be enforceable if the contract makes per-formance within one year possible.PAGE:295TYPE:+
9.A contract must be in writing to be enforceable if it makes performance possible only over a period of more than one year.PAGE:295TYPE:+
10.A contract does not need to be in writing to be enforceable if the contract makes performance within one year possible.PAGE:295TYPE:=
11.No collateral promise needs to be in writing to be enforceable.PAGE:296TYPE:=
12.A party’s oral agreement to pay another’s debt is enforceable if the party’s main purpose is to derive a benefit for himself or herself.PAGE:296TYPE:=
13.An oral contract for a sale of goods may be enforceable if the goods are priced at $499.99 or less.PAGE:297TYPE:=
14.A prenuptial agreement does not have to be in writing to be enforceable.PAGE:297TYPE:=
15.A   contract   for   a   sale   of   goods   does  not  need   to   be   in   writing   to   be enforceable.PAGE:297TYPE:+
148TEST BANK 2—UNIT THREE:CONTRACTS AND E-CONTRACTS

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Term
Fall
Professor
Birnbaum
Tags
Accounting, Untouchable number, a b c, b c d

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