The primary purpose of the writing requirement is to prevent harm to ____ by requiring written evidence of agreements concerning important transactionsinnocent partiesall those who purchase necessariesminorsthe mentally incompetentANSWER= INNOCENT PARTIESContracts that must be in writing include contracts involving interests inland, contracts that cannotby their termsbe performed withinone yearfrom the day after the date of formation,collateral, or secondary, contracts, such as promises to answer for the debt or duty of another, promises made in consideration ofmarriage, and underthe Uniform Commercial Code, contracts for the sale of goods priced at$500or more.What does the Statute of Frauds do?a. It sets forth a definition of fraud and outlines the punishments for fraud. b. It denies enforceability to certain contracts that are not in writing. c. It is a bridge between contract law and tort law because of the connection with fraud. ANSWER= BWhich three of the following items are considered land according to the Statute of Frauds?a. soil b. furniture c. trees d. buildings e. cars parked in garagesANSWER= A C DThe reasoning behind the one-year rule under the Statute of Frauds is that:a. the parties' memory of their contract terms is not reliable for longer than a year. b. most contracts are invalid if they last more than a year. c. because of the Statute of Frauds, there is no objective theory of contracts.