Although not covered by the original statute of frauds, most states have statutes requiring a writing to make all but which of the following contracts enforceable?

a. A contract to make a will.
b. A contract authorizing an agent to sell real estate.
c. Contracts for the sale of securities.
d. Contracts creating certain types of security interests.


c

Business

You might also like to view...

The most common database-driven marketing programs are permission marketing, frequency programs, and customer relationship management efforts

Indicate whether the statement is true or false

Business

The ________ environment refers to the characteristics of a society, the people who live in the society, and the culture that reflects the values and beliefs of the society

A) political and legal B) sociocultural C) economic D) technological E) natural

Business

What is a weakness of a simple structure?

A. Duplication of activities and resources increases costs and reduces efficiency. B. Functional specialists become insulated and have little understanding of what other units are doing. C. Pursuit of functional goals can cause managers to lose sight of what is best for the overall organization. D. Reliance on a single person is risky.

Business

Memphis Music Makers Inc.'s stated purpose is to sell musical instruments. If chief executive officer Neal contracts with Open Season Firearms in Memphis Music's name to sell a shotgun, he has likely committed

a. anultra vires act. b. ade facto act. c. ade jure act. d. a legal act.

Business