53. Which contract(s) is/are required to be in writing under the Statute of Frauds?

a. proposal asking someone to marry

b. contract for sale of any goods by merchant

c. an easement on real property

d. an agreement to lend any amount of money to a friend

e. all of the above

f. a and d only

54. The right to assign a contract can be prohibited in many ways, including:

a. forbidden by law

b. rights that are personal in nature

c. a prohibition in the contract

d. all of the above

e. a and c only

55. Accord and Satisfaction refers, in part, to a:

a. writing under the Parole Fraud Rule

b. writing involving an Anticipatory Novation

c. an agreed upon change in the amount of an original contract

d. all of the above

e. a and c

56. An expressed contract is one which

a. mostly involves an illegal activity

b. has not been fulfilled by both parties

c. has not been performed by one party

d. b and c only

e. a- b- and c

f. none of the above

57. A default judgment is best described as:

a. when one gets a good bargain for something

b. the inducement for one side to act

c. the material item that each side is trading

d. a theory for enforcing an agreement

e. none of the above

58. An Illusory Promise is one that:

a. is unenforceable at law

b. a person promises to evade the law

c. a person can cancel at any time

d. a promise where a person has a legal duty to act

e. all of the above

f. a and c only