When a party sues to enforce an alleged contract, the Statute of Frauds requires that:?
A) the contract be evidenced by signatures on paper and not electronic signatures
B) the contract be evidenced by a writing signed by a maximum of one party.
C) there be a note in writing signed by the party against whom the claim for breach of contract is made.
D) the note required by the Statute of Frauds must set forth all the material terms of the transaction in case of the sale of goods.
C
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______ is a financial incentive awarded to employees for meeting certain goals or objectives.
A. Skill-based pay B. Job content-based pay C. Performance-based pay D. Seniority-based pay
Generally accepted accounting principles require that certain lease agreements be accounted for as purchases. The theoretical basis for this treatment is that a lease of this type
a. effectively conveys all of the benefits and risks incident to the ownership of property. b. is an example of form over substance. c. provides the use of the leased asset to the lessee for a limited period of time. d. must be recorded in accordance with the concept of cause and effect.
Analysts deciding between investments must consider the comparative risks. Which of the following is/are industry-wide factors that affect the risk of business firms?
a. increased competition b. increased government regulatory actions, such as anti-trust or clean environment policies c. changes in technology d. lack of availability of raw materials e. all of the above
The Supreme Court considers market divisions between competing firms to be so inherently anti-competitive as to constitute per se violations of the Sherman Act
a. True b. False Indicate whether the statement is true or false