Question
1. True or False The SOF applies to all oral contracts. 2. An oral contract to sell land: A would be enforceable if the buyer's
1. True or False The SOF applies to all oral contracts. 2. An oral contract to sell land: A would be enforceable if the buyer's main purpose in buying the land was to sell it within one year. B. woul1. True or False The SOF applies to all oral contracts. 2. An oral contract to sell land: A. would be enforceable if the buyer's main purpose in buying the land was to sell it within one year. B. would never be enforceable. C. would be enforceable if the buyer paid a substantial portion of the purchase price and took possession of the land or made improvements on the land. D. none of these. 3. True or false Parol evidence is used to prevent any oral or written statement that is not contained in a subsequent written contract. 4. True or false When parties enter into a written contract that they intend as a complete and final statement of their agreement, a court will not permit the use of evidence of prior or contemporaneous oral or written statements to add to, alter or contradict the terms of the written contract. 5. True or false If a contract is partially integrated, parol evidence is admissible to prove consistent additional terms to the contract. 6. An assignor is: A. A person who now owns the rights B. Is the obligor and has another person perform his duties C. A person who transfers rights D. The individual who now has to perform the duties 7. For any written k parol evidence is admissible: A. to prove that the k was subject to a condition. B. to explain an ambiguity in the contract. C. to prove that a k is void, voidable or unenforceable. D. all of these 8. True or false An assignment is a transfer of rights. 9. True or false The SOF applies to all contracts of$500.00 or more. 10. True or false A delegation is a transfer of duties.
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