List the classes of contracts traditionally required to be in writing by the statute of frauds.
What will be an ideal response?
Among those classes of contracts traditionally required to be in writing by the statute of frauds are the following:
1. Contracts by the executor or administrator of a deceased person's estate to be personally liable for a debt of the deceased person.
2. Contracts by one person to answer for the debt or default of another.
3. Contracts for the transfer of an interest in land.
4. Bilateral contracts that have not been fully performed by either party and are not capable of being performed within a year of their formation.
You might also like to view...
Your relationship to a ?xed space, such as a favorite chair or seat in a classroom, illustrates
A) kinesics B) haptics C) proxemics D) territoriality
Which of the following is an action-focused marketing event that attempts to get customers to purchase within a limited period of time?
A) sales promotion B) market penetration C) marketing research D) market segmentation
Maria likes visiting different restaurants and trying out a variety of cuisines. She writes her experiences on a Web page, titled Maria's Experiences, which can be read by people all around the world
She also reviews restaurants, and members of her Web page are entitled to post their comments and suggestions. Based on this information, Maria's Experiences is an example of a(n)__________. Fill in the blanks with correct word.
A formal entrance into a contract between a client and an accountant is called abatement
Indicate whether the statement is true or false