LAW 9 100:100

LAW 9 100:100 - 1 ) Which of the following is not covered...

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1 ) Which of the following is not covered by the statute of frauds?  (5pts) A loan of $50,000.00 to be paid back in six months. 2 ) Alan's Saddles makes high level seats for racing bicycles and sells to many of the top bicycle manufacturers. There are eight available sources of the type of rubber that Alan's uses; however, they have always dealt with a company in the Republic of Anaerobia exclusively. Your company has a contract with Alan's for 10,000 seats. You have just received a letter from Alan's explaining that due to turmoil in Anaerobia, their supplier cannot export their product so Alan's cannot complete the contract.  (5pts) Your company can sue for breach because if the raw materials are  reasonably available from another source, Alan's cannot be discharged  due to impracticality. 3 ) The parol evidence rule  (5pts) Allows the use of oral testimony to clear up ambiguous parts of a 
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LAW 9 100:100 - 1 ) Which of the following is not covered...

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