(a) Explain the purpose of requiring certain types of contracts to be in writing. (b) List four...
Question:
(b) List four types of contracts covered by the traditional statute of frauds.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
a Requiring contracts to be in a written form and signed by the party be...View the full answer
Answered By
Ajay Negi
Hi, I've completed my degree in engineering (Information Technology) from an NIT. Currently working as a software engineer. Wish to impart quality education to the future generation.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
The Legal and Regulatory Environment of Business
ISBN: 978-0078023859
17th edition
Authors: Marisa Pagnattaro, Daniel Cahoy, Manning Magid, Lee Reed, Pe
Question Posted:
Students also viewed these Business Law questions
-
Explain the purpose of project organization.
-
Explain the purpose of ACLs filter capability.
-
When companies raise money through the issuance of bonds or other long-term debt instruments, debt holders typically require the company to comply with certain conditions, or covenants. The notes to...
-
What are the costs of healthcare, where does the money come from, and where is it spent?
-
How does a partnership differ from a corporation?
-
Explain how the net premium for an annuity is computed
-
A company is using a carrier to deliver goods to a major customer. The annual demand is $2,000,000, and the average transit time is 10 days. Another carrier promises to deliver in 7 days. What is the...
-
At December 31, 2012, Suffolk Corporation had an estimated warranty liability of $105,000 for accounting purposes and $0 for tax purposes. (The warranty costs are not deductible until paid.) The...
-
May Company manufactures widgets. June Company has approached May with a proposal to sell the company widgets at a price of $125,000 for 100,000 units. May is currently making these components in its...
-
Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals who pay tuition directly to the school. WTI also offers training to groups in off-site locations....
-
(a) In general, are oral contracts as valid and enforceable as written ones? (b) Why should contracting parties consider reducing their agreement to writing?
-
(a) What is meant by the common law of contracts? (b) What is the UCC? Contractual Classifications and Terminology
-
The data file named Galton.dat on this books website contains Galtons data on heights of parents and children discussed in the section on regression to the mean. In these data, Galton multiplied...
-
Adidas-Consumer Goods STEP ONE: MISSION: Mission statement core message that guides and influences your marketing strategy. Why is this company in business and what is the purpose of their...
-
You have been operating and growing your golf club for the last six (6) years. You are happy with the fact that all revenue streams (and as a result your share value) have continued to increase as...
-
Given the following HTML, write a simple bit of JavaScript code that will DELETE ALL OF THE TAGS ON THE PAGE. Quiz I'm a Heading I'm a paragraph I'm special I'm also a paragraph Footer! HINT: You'll...
-
Your company has been quite successful in sending employees on international assignments. As the HR Manager responsible for selecting such employees, present a report to the management of your...
-
You will be looking at a particular market in the economy. I will assign the market to you arbitrarily. Please look for at the end of this document to identify which market you will be responsible...
-
Would you suggest that Hotel Paris implement a competency-based pay plan for its nonmanagerial staff? Why or why not? Outline what they need to do for one.
-
Nate prepares slides for his microscope. In 1 day he prepared 12 different slides. Which equation best represents y, the total number of slides Nate prepares in x days if he continues at this rate? A...
-
Describe ways HRM uses technology to provide information and services more efficiently.
-
Should ICANNs actions be judged under the rule of reason or be deemed a per se violation of Section 1 of the Sherman Act? The Internet Corporation for Assigned Names and Numbers (ICANN) is a...
-
Should ICANNs actions be viewed as a horizontal or a vertical restraint of trade? The Internet Corporation for Assigned Names and Numbers (ICANN) is a nonprofit entity organizing Internet domain...
-
Does it matter that ICANNs leadership is chosen by those with a commercial interest in the Internet? The Internet Corporation for Assigned Names and Numbers (ICANN) is a nonprofit entity organizing...
-
why would an auditor want to complete dual-purpose tests? what procedure can be put into place to help prevent fraud? List 4 procedures.
-
Based on the following information, calculate sustainable growth rate for Groot, Inc.: Profit margin= 7.1% Total asset turnover = 1.90 Total debt ratio = .45 Payout ratio = 20% What is the ROA here?
-
Consider the following: a call option on a stock has strike price $100, premium of $5 and the current price of the underlying stock is $100. If you buy the call option today, what is your holding...
Study smarter with the SolutionInn App