Asked by
Haley Dressler
on Nov 01, 2024Verified
To be enforceable under the Statute of Frauds,a:
A) written contract has to be a formal,preprinted agreement.
B) written contract cannot be keystroked or scrawled.
C) sales slip or a receipt do not qualify as forms of written contracts.
D) written contract can be a notation or a memorandum.
Statute of Frauds
A legal doctrine that requires certain types of contracts to be in writing and signed by the party to be charged in order to be enforceable.
Notation or Memorandum
Notation or Memorandum refers to a brief written record or note made for the purpose of aiding memory or providing formal documentation of an event, decision, or agreement.
- Understand the importance of the Statute of Frauds and the necessary conditions it mandates for specific contract types to be legally binding.
Verified Answer
KM
Learning Objectives
- Understand the importance of the Statute of Frauds and the necessary conditions it mandates for specific contract types to be legally binding.