Under the provisions of the statute of frauds, one example of a contract that does not have to be in writing to be enforceable is a(n)
a. promise to pay the debts of another living person.
b. agreement for the transfer of ownership in real property.
c. agreement to rent real property for one year or less.
d. agreement for the sale of merchandise valued at $700.
C
You might also like to view...
When the contract rate of a bond is greater than the market rate on the date of issuance, the bond sells at a discount.
Answer the following statement true (T) or false (F)
For "qualified tax-deferred" retirement plans, taxes
A) never become due. B) become due only if the retiree dies. C) become due when the funds are withdrawn from the retirement fund. D) become due only at age 65.
According to research, of the five facets of value-percept theory, which two facets have moderately strong influences on overall job satisfaction?
A. supervision satisfaction and altruism B. satisfaction with the work itself and promotion satisfaction C. promotion satisfaction and coworker satisfaction D. pay satisfaction and promotion satisfaction E. coworker satisfaction and supervision satisfaction
The U.S. Federal ____________________ Commission breaks down identity theft into several subcategories of fraud based on how the stolen identity is used.
Fill in the blank(s) with the appropriate word(s).