Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

39. A QUESTION ARISES AS TO WHETHER A PARTICULAR ORAL CONTRACT FALLS WITHIN THAT PROVISION OF THE STATUTE OF FRAUDS REQUIRING CONTRACTS TO BE IN

image text in transcribed
39. A QUESTION ARISES AS TO WHETHER A PARTICULAR ORAL CONTRACT FALLS WITHIN THAT PROVISION OF THE STATUTE OF FRAUDS REQUIRING CONTRACTS TO BE IN WRITING THAT "ARE NOT TO BE PERFORMED WITHIN ONE YEAR FROM THE MAKING THEREOF". (A) UNDER THE TERMS OF THE CONTRACT, WAS IT POSSIBLE, UNDER ANY CIRCUMSTANCES, FOR THE CONTRACT TO HAVE BEEN FULLY PERFORMED WITHIN ONE YEAR? (B) DID THE PARTIES, AT THE TIME OF MAKING THE CONTRACT, APPARENTLY AND REASONABLY INTEND THAT FULL PERFORMANCE WOULD HAVE OCCURRED WITHIN ONE YEAR? (C) UNDER THE TERMS OF THE CONTRACT, WAS IT POSSIBLE, UNDER ANY CIRCUMSTANCES, THAT PERFORMANCE MIGHT HAVE BECOME ILLEGAL

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Dynamic Business Law

Authors: Nancy Kubasek, M. Neil Browne, Daniel Herron, Lucien Dhooge, Linda Barkacs

6th Edition

1260733971, 978-1260733976

More Books

Students also viewed these Law questions

Question

What is a weighted application form?

Answered: 1 week ago

Question

Explain the factors influencing wage and salary administration.

Answered: 1 week ago

Question

Examine various types of executive compensation plans.

Answered: 1 week ago

Question

1. What is the meaning and definition of banks ?

Answered: 1 week ago