Even if a contract is required to be in writing by the Statute of Frauds, the parties may

voluntarily perform the contract if they so choose.

Indicate whether the statement is true or false


TRUE

Business

You might also like to view...

How can individuals build more natural rewards into life’s activities? What does that individual gain by employing this particular natural reward strategy? What are some strategies for implementing these rewards?

What will be an ideal response?

Business

Ellen, who has a good driving record, purchases automobile insurance from an insurance company. Ellen cannot assign her rights to be insured to another driver for which of the following reasons?

A) The assignment would materially alter the risk and duties of the insurance company. B) Claiming insurance is a future right and hence cannot be assigned. C) Insurance is a personal service contract and hence cannot be assigned. D) Personal contracts like insurance are assignable only with the agreement of all parties involved in the contract.

Business

Which of the following unions is most accurately described as a revolutionary union?

A. The American Federation of Labor. B. The United Auto Workers. C. The Industrial Workers of the World. D. The Knights of Labor.

Business

In a lease transaction, title to the leased goods remain ______

Business