Explain the reason behind having a statute of frauds and give arguments for and against having such a statute
The British Parliament passed the original statute of frauds in 1677 to prevent lying (fraud) in civil lawsuits. At that time, neither the plaintiff nor defendant was permitted to testify at trial. The statute of frauds was passed to provide juries with more reliable evidence as to the existence of a contract by requiring that certain types of contracts be in writing to be enforceable. Almost all states of the U.S. have passed their own version of the Statute of Frauds in order to provide courts with the best possible evidence of whether parties intended to make a contract. An argument for statutes of fraud is that they are a valuable tool for justice. The requirement of a writing cautions people to be careful before making or relying on a promise. An argument against statutes of fraud is that rather than preventing wrongdoing, they help people commit fraud. Someone might orally agree to terms and then, if the terms become unprofitable, walk away from the contract, knowing it would be unenforceable without a writing.
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The ritual of gift giving in international business is important because it creates
A. an obligation to give a gift in return, thus involving you in an ongoing business expense. B. a public display of aesthetic taste and commitment, along with a reading of the recipient's taste and commitment. C. a dangerous situation because it comes close to violating company policy, and the gift giver is watching closely. D. a social bond that requires you to be a giver, a receiver, and a holder of an obligation to the other person.
If, with no warning, you are told you have additional time to present, what is one of your viable options?
a. Speak very slowly. b. Cut one of the main points. c. Include information you originally left out. d. Incorporate more pauses.
What are the steps that must be taken by MPR professionals prior to a community or cause-related event? Explain your answer in detail
What will be an ideal response?
Under the implied warranty of fitness for human consumption, the consumer expectation test
provides broader protections for consumers than the foreign substance test. Indicate whether the statement is true or false