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1. What type of contracts does the Statute of Frauds apply? 2. How are goods being purchased in a purchase contract identified? 3. What is

1. What type of contracts does the Statute of Frauds apply?

2. How are goods being purchased in a purchase contract identified?

3. What is the effect of identifying the goods as the goods being purchased in a purchase contract?

4. What is the advantage to having a negotiable warehouse receipt?

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