The statute of frauds provides that some contracts must be in
writing.
a. True
b. False

Answers

Answer 1

The statement ''The statute of frauds requires certain contracts to be in writing to be enforceable'' is true.

The statement is true. The statute of frauds is a legal doctrine that requires certain types of contracts to be in writing in order to be enforceable in a court of law. The purpose of the statute is to prevent fraud and promote certainty in contractual relationships.

The specific requirements of the statute of frauds can vary depending on the jurisdiction, but common examples of contracts that typically fall within the statute include: contracts for the sale or transfer of real estate, contracts that cannot be performed within one year, contracts for the sale of goods above a certain value under the Uniform Commercial Code, and contracts of suretyship (guarantees or promises to answer for the debt or obligation of another).To satisfy the statute of frauds, a written agreement must contain the essential terms of the contract, the signatures of the parties involved, and sometimes additional requirements such as a description of the subject matter or consideration. Without compliance with these requirements, the contract may be unenforceable.

It's important to note that while the statute of frauds requires certain contracts to be in writing, it does not mean that all contracts must be in writing to be valid.

Many contracts can still be formed and enforced without a written agreement, as long as the essential elements of a contract, such as offer, acceptance, and consideration, are present. However, for contracts falling within the scope of the statute of frauds, written documentation is necessary for enforceability.

For more questions on statute of frauds

https://brainly.com/question/30409098

#SPJ8


Related Questions

Helppp please
The fact that a country has less strict labor laws and relaxed environmental regulations are strong reasons for a
company to move production facilities to that country.
True
False

Answers

The answer has to be true

Answer:true

Explanation: I just took the test

Which of the following occupations is most responsible for ensuring the quality and safety of the food
supply chain?
O chefs
O farmers
O grocery store owners
O food processors

Answers

I would say farmers because all of they rely on their food producs

Answer: I am pretty sure the answer the answer would be the farmers

Explanation: the food comes form the farmers, including meats, veggies, fruits, well you get the point. And if there is something bad with one of the meat animals, they are in charge of not selling the "bad meat" to any stores or big meat companies

Chose one scenario and write a paragraph on why you chose it. It’s for economics please help meee

Answers

B
I would prefer to start a babysitting service in my neighborhood because I would be the only business providing this service therefore meaning there wouldn't be any competition. This means that I would be able to make more money as there would be quite a few people with children who need taking care of.

he U.S. government's ability to pay for Social Security in the near future is a problem because:

Answers

Answer:

Our country's notional debt

Explanation:

WILL MARK BRANLIEST!!!!!
Which portion would not be part of an investment portfolio? (Select the best answer.) commodities funds

a savings account

a savings 529 plan

equity investments in a company

Answers

Answer:

a savings 529 plan

Hope this helps plz mark me brainliest

Answer:

A savings account

Explanation:

Took the quiz

All of the following are career pathways in the Architecture and Construction
Career Cluster except.
A. Design/Pre-Construction.
B. Construction.
C. Power, Structural, and Technical Systems.
D. Maintenance/Operations.

Answers

C. Power, Structural, and Technical Systems.

correct me if im wrong

Answer:

The answer is C.

Explanation:

I took the test. Hope this helps! ;) <3

To satisfy demands for withdrawals, banks keep:
A. discount rates.
B. monetary policies.
C. balance sheets.
D. fractional reserves.​

Answers

C. balance sheets

explanation:

After learning about social media ethics, what 5 things would you tell other high school students positive or negative about social media and how it will potentially affect their high school experience and their potential career?

Answers

1. A positive is meeting and learning from new people 2. social media Can be dangerous to mental health 3 Stay in touch with distant people 4. Learn subjects 5. What you say online can bite you on the butt

Why do you think economists have different belief systems/theories on economics?

Answers

Economists have different belief Systems because Economists also disagree because their methods are not good enough to reveal the whole truth. Economic theory is an attempt to explain and interpret economic data, for example, to determine the causes and effects of economic events.

Answer:The principal disagreement among economists is a matter of economic philosophy. There are two major schools of economic thought: Keynesian economics and free-market, or laissez-faire, economics.

Keynesian economists, named after John Maynard Keynes, who first formulated these ideas into an all-encompassing economic theory in the 1930s, believe that a well-functioning and flourishing economy may be created with a combination of the private sector and government help.

By government help, Keynes meant an active monetary and fiscal policy, which works to control the money supply and adjust Federal Reserve interest rates in accordance with changing economic conditions.

By contrast, the free-market economists advocate a government "hands-off" policy, rejecting the theory that government intervention in the economy is beneficial. Free-market economists—and there are many distinguished advocates of this theory, including Nobel Memorial Prize winner Milton Friedman—prefer to let the marketplace sort out any economic problems. That would mean no government bailouts, no government subsidies of business, no government spending explicitly designed to stimulate the economy, and no other efforts by the government to help what the economists believe is the ability of a free economy to regulate itself.

Explanation:

Write a question keep it simple

Answers

Answer:

Why do people break up if they love each other?

Explanation:

sorry it's not simple lol

which of the following should be pracited among all co workers in the workplace
a.bullying
b.discrimination
c.stereotyping
d.tolerance

Answers

Answer:

c

Explanation:

Answer:

D. Tolerance

Explanation:

Because what, you souldnt do any of the others, dude, teachers sometimes

Simply Imagine wants to grow their company but is hindered by increasing labor costs and import quotas.
Simply Imagine should consider becoming a(n)
(A) countertrader (B) wholly owned subsidiary (C) strategically(D) mulimatiomnal (E) franchiser

Answers

Answer:

multinational

Explanation:

A multinational business operates in at least one other country apart from its home country. The company will have factories/ offices in different countries and its headquarters in the domicile state. The operations of a multinational are coordinated at its headquarters.

By becoming a multinational, simple imagine can expand in countries with relatively cheap labor. It will overcome the import quota challenge by operating from a country without restrictions or from the source state.

Which is used to trace a check back to the account on which it was written?
Group of answer choices

a valid date

an endorsement

a bank route number

a signature

Answers

Answer:

a bank route number

Explanation:

The routing number is among the three numbers found at the bottom of a check. The routing number is at the bottom left.  It serves as an ' identity ' for your bank. The routing number enables other banks to contact your bank and collect funds from your account every time you write a check.

A routing number is a unique number for every banking institution.  The number proves that the bank is a recognized financial institution with an account with the Federal Reserve.

Which one of the following businesses would you classify as being in the secondary sector of industry?

A) Oil exploration company
B) Family run farm business
C) Taxi operating business
D) Shoe manufacturer

Answers

Answer:

shoe manufacturer

Explanation:

Trish bought a new computer that she has been using for a few weeks. She is starting to experience pain in her wrists, back and neck. What measure should Trish take to reduce strain while working on the computer?

A. complete all her work soon on the computer by sitting at a stretch
B. maximize the brightness of the screen to concentrate better
C. ensure back support by using cushions
D. keep hands and wrists stiff while typing

Answers

Answer:

C ensure back support by using cushions

Answer:

C

Explanation:

Her problem is that be back is hurting, and adding cushions will ensure back support and then that will not be a problem for her anymore.

if i post by business page will you guys follow it ?

Answers

Answer:

Yassss queeeennnn

Explanation:

jdnskakana

Explanation:

Yes i will definately follow it

what is the role of doctors in our society?​

Answers

Their role is to serve the society as others do basically contribution but their actual role is to help others through their medical knowledge.

Which of the following is NOT a deception method of customers
A)Warning label
B)Pigeon Drop
C)Ponzi Scheme
D)Bait and Switch

Answers

So i feel the answer to this is obvious because a warning label is not meant to trick a consumer so the answer would be a since the rest are trying to bait costumers into something. hope this helps and makes sense to you.

Two friends wanted to decide where to go for dinner. Their conversation went like this: "We need to get something to eat. How about Sharky's so we can watch the game on TV? No, Sharky's is too noisy. Ok, how about we get pizza at the Pie Hub? The Hub is great with me." In that conversation the statement "The Hub is great with me" would be analyzed and mapped as __________.

Answers

This question is incomplete because the options are missing; here are the options:

In that conversation the statement "The Hub is great with me" would be analyzed and mapped as __________.

A. A counterargument

B. The chosen alternative

C. Rejected alternative

D. A reason

E. A recognition of the need to decide

The correct answer is The chosen alternative

Explanation:

Mapping or analyzing an argument involves considering the function of each part of the argument in terms of categories such as reason, the main argument, counterargument, etc. In the case of the argument presented, the main point is where to eat. Moreover, there are two alternatives: Sharky's and Pie Hub. In this case, Sharky's is the first alternative and the rejected alternative because from the options available this is not chosen. Moreover, the second alternative is the chosen alternative; this is expressed in "The Hub is great with me" because this line shows both speakers have agreed on a place to it and this option or possible solution has been chosen.

Calculate the 4-day moving average for the following data (Remember that
you're finding 4 different averages)"
1
2
3
4
$182.60
$172.95
$160.08
$175.83
$152.01
$157.89
$148.48
5
6
7
Your answer

Answers

Answer:

116 . 100. 560 . 58

257 . 1100. 342 . 186

Which of the following vehicles would have a lower insurance premium?
O A brand new SUV
O A used town car

Answers

Answer:

A used town ca

Explanation:

Because its used and that insures that it works so it makes the insurance go down

The correct answer is option B.

A used town car would have a lower insurance premium.

Insurance premium

An insurance premium is the amount of money an individual or business pays for an insurance policy. Insurance premiums are paid for policies that cover healthcare, auto, home, and life insurance.

What is an example of a premium in insurance?

A premium is the price of the insurance you've chosen, charged by your insurance company. A deductible is an amount you have to pay before your insurance company initiates coverage. For example, if your car insurance premium is $800 per year, you must pay your insurer $800 per year to have the insurance.

Learn more about insurance premiums here https://brainly.com/question/25280754

#SPJ2

Fractional reserve banking increases the money supply in an economy by:
A. preventing depositors from leaving a lot of money in banks.
B. requiring the government to print more money in certain
situations.
C. loaning money that would otherwise be held in a bank.
D. accepting currencies from many different countries to pay off
loans.

Answers

Answer:

C. loaning money that would otherwise be held in a bank.

Explanation:

Fractional reserve banking increases the money supply in an economy by "loaning money that would otherwise be held in a bank."

Fractional reserve banking is known as a system of banking whereby the banks hold a fraction of what customers deposit as reserves. Then the banks use the remaining to give loans and thereby creating and increasing the supply of money. Commercial banks practise this type of banking system. This tells of how commercial banks are affecting the money supply. The bank reserves are usually held as cash in the bank. It can also as balances in the bank's account at their central bank.

Answer:

C. loaning money

Explanation:

just did it on a-p-e-x

What type of economy is an economic system in which private businesses can operate freely with minimal state control?Henry lives in a country where the government gives many incentives to produce military goods and few incentives to produce consumer goods. Henry knows a more efficient way to finish his task at work and feels like sharing it with his boss. However, he has no incentive to share it. Which type of economy does Henry most likely live in?

Answers

Answer:

Private business freedom : Capitalist or Market Economy. Henry is more likely in Socialist Economy.

Explanation:

Economy type in which private sector has full freedom, un-intervened by government or state control is Capitalist or Market Economy. Profit maximisation motive & high consumer choice, sovereignity such economy's main features.

Henry's country which gives incentives to reallocate production choice 'what to produce' (from consumer goods to military goods). He has more efficient idea for work implementation, but lacks incentive (probably due to lack of creative & innovative ideas reward). These features characterise a Socialist Economy, in which government or state has supreme power over central economic decisions. Social welfare is considered priority, government monopoly curbs innovation & creativity, there is less consumer choice, sovereignity.

Question 12 When you get a vaccine, it benefits others because you can't get them sick. If left to the free market, the socially optimal amount of vaccines would be produced. vaccines would be underproduced. vaccines would be overproduced.​

Answers

Answer:

yup you are right i think so idrk

What financing source involves wealthy individuals giving their money to fund a startup?

Answers

Answer:

Angel Investors

Explanation:

Angel investment is when a person or a group of individuals use their finances to fund a startup. These investors are wealthy and consider it fit to finance entrepreneurs based on business ideas and proposals.

Angel investors usually have excess funds and willing to risk in the early stages of a startup in anticipation of bigger returns when the business succeeds. Angel investors gain percentage ownership in the business in exchange for funding. They also offer mentorship to entrepreneurs.

Which of the following is true of small business owners?
A. the work business owners do requires little physical stamina.
B. the business owner starts with a business plan.
C. the business owner need to know little about management and finance. D. it's easy for most business owners to find a marketable idea.

Answers

Answer:

B

Explanation:

I mean, hopefully, they made a business plan lol. If you don't plan out your business right, you'll have a hard time making it become successful without a good plan.

Max works at Pizza Palace 20 hours each week at a rate of $10 per hour. He is paid every two week. Calculate his gross and net pay. (Social Security 6.2%, Medicare 1.45%, and Federal and State Tax 10%)

Answers

Answer:

$329.4

Explanation:

Max earns $10 per hour. If he works for 20 hours each week, his weekly pay will be $10  times 20 hours

=$10 x 20 hours

=$200

He is paid every two weeks. His gross pay is $400. ($200 x 2)

Net pay would be gross pay -deductions

Deductions.

Social security

= 6.2% x  $400

=$24.8

medicare

=1.45% x $400

=$5.8

Federal and State Tax

=10% x $400

=$40

Total deductions = $24.8 +$5.8 +$40=$70.6

Net pay =$400 -$70.6

=  $329.4  

After adjusting your seat, your _____ should be as close as possible to the backrest.
A. hands
B. arms
C. bottom
D. legs

Answers

Answer:

C. Bottom is the answer

Explanation:

My parents would always yell at me to scooch backwards in the car if I was leaning too far forward. I don't need to know how to drive to know this.

This is a question about driving right? Lol, cause if it's not, sorry.

Help me please ASAP.

Answers

your answer is D because i took the test a couple of days back

It is the idea being transmitted by the sender to the receiver. It includes three aspects — content , structure and style

Answers

Answer:

decodes and feedback.

Explanation:

It is a message since it is written or recorded words or information sharing or ideas conveyed by the sender to the receiver.  It includes information and communication, how important and useful information is, and can be read in order to understand it.  The structure of a message is tone.

The Style includes how the sender composes and writes a message.

Message is the idea being transmitted.

A Message is a form of communication sent to a recipient who is not present physically and its can be in verbal, written or recorded form.

Message is one of the essential elements of communication process. The other process includes Sender, Encoding, Interference, Communication channel, Receiver, Decoding and Feedback

Roughly, there are 3 purposes for passing message

To inform people of certain subject.To persuade others to do one biddingTo builds one's goodwill.

Learn more about Communication process here

brainly.com/question/2986852

Other Questions
After the plastic strip is run through the fingers, would the fingers have a positive charge, negative charge, or no charge?please answer for brain list before 12:40 The acceleration, in feet per second per second, of an object is given by the acceleration function (t) = 2 sin t + 1. The initial velocity is v (0) = 0 and the initial position is $ (0) =3. Find the equation of velocity function. Find the position function and the average value of the position function from time t = 2 seconds to t = 5 seconds Show all your work For an indefinite integral, use the notation INT in place of the symbol. For example, f (x + 1) dx should be written as INT ( + 1) dx. For a definite integral, use the notation INT (a,6). For example, f? (c + 1) dx should be written as INT (1,2) ( + 1) dx. For a definite integral that has been integrated, use the notation EVAL (a,6) . For example, 2 + 2) should be written as +3 EVAL (1,2) Question 3 Given the following information C = 500+ 0.7Yd T = 150 I = 400 G = 100 a) Calculate the national income equilibrium. b) Based on your answer in (a), draw the aggregate expenditure graph. c) Suppose that investment changes by 300, what would happen to the national income equilibrium? d) Suppose that the tax (T) changes, and the new T is T = 0.2Y +50, calculate the new national income equilibrium. What kind of relationship does kenny have with his brother, byron? In your opinion, rate the competitive rivalry of the NorthAmerican motorcycle industry? Refer to Porters Five ForcesFramework 4. Many fish and aquatic plants can survive a cold winter because the layer of ice that forms at the top of the lake insulates the water below and prevents the lake from freezing solid. What unique property of water contributes to this effect? What were the most important reasons why World War I began? Check all that apply.A. Nationalist movements were on the rise.B. Competition to colonize smaller countries rose.C. Countries were engaging in militarism.D. Countries were splitting into alliances.E. Countries were developing poison gas.Smaller countries rose up to fight imperialism. GIZMOS NITROGEN CYCLE SCIENCE LAB!Which arrows do I click? (One for each row) Two characteristics of publicness in goods are nonexcludability and nonrivalry. Define each characteristic, making sure to clearly differentiate them. For each characteristic, explain why in theory markets may fail to allocate good efficiently. How can government improve upon the market outcome? Graphically demonstrate and explain the efficient quantity of a public good and the price paid by each member of society. You are to assume a two-person society for the purposes of the graphical demonstration. What characteristic do all who receive benefits under the Supplemental Security Income program have?Question 13 options:All are elderly.All have low incomes.All are disabled.All are blind. Chef Rita is cooking for a Sunday brunch. She knows that 222222 pancakes can feed 888 people. She is wondering how many people (p)(p)left parenthesis, p, right parenthesis she can feed with 555555 pancakes. She assumes each person eats the same quantity of pancakes.How many people can Rita feed with 555555 pancakes?Explain how poor physical health may affect your social health. Statues such as this are commonly found in many countries which trace their cultural roots to western civilization because it reflects the -O tradition of laws and legal principles as the basis of social orderO polytheist teachings that characterize westem religious traditionsO significance of fairness in western cultural sporting competitionsO importance western culture places on the equality of men and women A help desk manager needs to know thetime it takes her staff to answer a customer call.is usedA gym class teacher wants to divide the class to play a game of basketball, TheAn English teacher determines how the overall class scored on a recent test using theA shoe manufacturer would most likely need to know theto ensure the most popular shoesare produced in higher quantitiesTo make sure you can afford a home in a particular neighborhood, you would consider thehome price what is 0.068% of 7700? round to the nearesthundredth Can u tell me the answer of question number 5....7...10..11...13...14..16. plz question 10 what category of ethical dilemma applies to the use of car-pool lanes by just one person in a car? a. balancing ethical dilemmas b. violating the rules c. conflicts of interest d. giving or allowing false impressions e. organizational abuse For this assignment, you are creating a risk register for theWilmont/DroneTech Project. Using the major deliverables and tasksmentioned in the case study, create a risk register using thetemplate f Question 5 Give arguments to support the statement that Wal-mart has achieved good strategic fit between its competitive and supply chain strategies. What challenges does it face as it works to open smaller stores in urban environments? A financial manager is considering evaluating the risk of investing in Microsoft common stocks. The table below shows monthly returns on the stock in year 2020.MonthReturn2020017.95%202002-4.83%202003-2.39%20200413.63%2020052.25%20200611.37%2020070.74%20200810.01%202009-6.51%202010-3.74%2020115.73%2020124.17%The financial manager does not want to use standard deviation to measure investment risk of the stock. What are the three major problems of standard deviation as a measure of risk?A client is concerned about variation in returns below the average level. Please indicate the risk measure that the client cares about and compute the risk measure for Microsoft stock based on the sample of 12 monthly returns.Another client is very loss averse and is extremely concerned about possible substantial loss on her investment. She wants be 99% confidence about the possible investment loss. Assuming returns on Microsoft stocks are normally distributed, calculate the relevant risk measure of the stock for the loss averse investor. HELPPPPPPPPP PLEASEEEEEEEE