17. All parties to a contract muss sign the "writing" in order for the "Statute of Frauds" to be satisfied. T/F 18. Whenever a written agreement under the "Statute of Frauds", contains a serious, and obvious, typographical error, parol evidence is admissible to demonstrate that the error was indeed an error, as well as to set forth the proper term. T/F 19. Privity of contract is usually required in order for a party to be bound to a contract or have rights under a contract. T/F 20. When an "assignor" transfers his/her rights to an "assignee", the "assignor" still retains the right to collect on the contract. T/F 21. If a contract states " I assign all of my rights under the contract", in most cases the assignment will be considered and assignment of rights but not duties. T/F 22. In determining whether a party is an "incidental or intended" beneficiary, factor courts consider is whether the contract directly states that the third party is the benefitting party. T/F 23. Under ordinary circumstances, a party's duty to perform a promise agreed to in a contract is absolute. T/F 24. Compensatory damages are the most prevalent damages awarded in a Breach of contract law suit. T/F 25. An court order requiring a party to fulfill the terms of the agreement is calle "specific performance". T/F