The part performance exception for contracts involving the sale of an interest in land provides
that:
A) The contract will be enforced despite the fact that it is not in writing.
B) Where multiple parties share the performance obligations, the contract need not be in
writing.
C) The parol evidence rule does not apply.
D) Contracts cannot be partly performed until they are put in writing.
E) Once a contract has been partially performed, it must be put in writing if that has not
already happened.
A
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Proposals addressed to potential customers and investors
A) are nearly always formal. B) rarely include a copy of the RFP. C) are less formal than those addressed to internal audiences. D) should never include visuals. E) should always be single-spaced.
Which of the following is an example of a debit memorandum?
a. Service charge notice b. Interest earned on the account balance c. Outstanding check d. Company error in recording a $500 deposit as $600
Legal capital is a descriptive phrase for
A) stockholders' equity. B) residual equity. C) market value. D) par value.
You should include at least one heading per report page
Indicate whether the statement is true or false