Directions: Indicate your answer by answering "T" (for true) or "F" (for false). 1. Substantial performance of a contract entitles the party who makes such performance to obtain full payment from the other party to the contract, subject to any counter claims for damages. 2. The writing required by the statute of frauds must be signed by both parties. 3. Collins contracted to make certain repairs of Brown's outboard motor. Collins turned over this job to Pierce. If Pierce's performance proved unsatisfactory Brown could hold only hold Pierce liable. 4. The parol evidence rule does not apply when the contract is complete on its face. 5. The requirement of the statute of frauds of a writing applies to a contract that will not be performed within one year 6. When a contract contains contradictory terms a printed term prevails over a handwritten term. 7. A contract is never terminated by impossibility. 8. The substitution of a third person for the original obligor in a contract pursuant to the agreement of all parties is an accord and satisfaction. 9. A check is ordinarily an insufficient memorandum to satisfy the statute of frauds. 10. When a written contract does not specify the time for performance of a contract obligation, parol evidence is inadmissible to show that the time was agreed to be three weeks. 11 The writing required by the statute of frauds must contain all material terms of the contract. 12. The performance of a standardized, nonpersonal duty can be delegated only with the consent of the other party to the contract. 13. A party who is prevented by the statute of frauds from enforcing an oral contract may usually recover the value of the property or services furnished by that person according to the terms of the agreement under a quasi contract. 14. A contract that a property owner will not sell to a member of a particular race is enforceable. 15. If an illegal contract has been performed, each party can ordinarily sue the other for damages because of improper performance. 16. An assignee acquires no greater rights that those of the assignor if the assignee even if they have paid value for the assignment and has acted in good faith. 17. Under federal law an accountant may be held liable for negligence. 18. A release of one joint obligor by the promisee generally releases all the other obligors. 19. A valid tender of performance that is refused by the other party does not discharge the obligation to perform the act. 20. Contracts providing for the arbitration of disputes are generally void.