77.Award: 10.00 pointsIs Terrill correct that they do not have a suﬃcient written contract?
78.Award: 10.00 pointsTrace claims that one of the contract terms is the $20 price per tuner. Is he correct?
79. Award: 10.00 points Under which of the following circumstances would a partial-performance exception not apply? Sale of a farm but not the entire property. Sale of a house, where the buyer has put down a 5% deposit. Sale of a farm, where the buyer has paid for a new roof. Sale of a house, where the seller gave keys to the buyer and the buyer has moved several large pieces of furniture into the garage. Sale of a house, where the buyer has planted several trees before winter. Although the statute of frauds requires a writing for sales of interests in land, under the partial- performance exception, if the buyer in an alleged contract for the sale of land has paid any portion of the sale price, has begun to permanently improve the land, or has taken possession of it, the courts will consider these actions to prove the existence of a contract. References Multiple Choice Learning Objective: 18-03 What must a writing contain to be suﬃcient to satisfy the statute of frauds? Diﬃculty: 3 Hard
80. Award: 10.00 points Under which of the following circumstances would promissory estoppel take effect?
You've reached the end of your free preview.
Want to read all 89 pages?
- Fall '10
- Contract Law, statute, Prevention of Frauds