Question
Instructions: Answer each of the following questions in ten sentences or less. Type and label your answers. Use the IRAC format. A) Do the following
Instructions:Answer each of the following questions in ten sentences or less. Type and label your answers. Use the IRAC format.
A) Do the following contracts need to be in writing to be enforceable? Explain why or why not.
- Real estate/land sale contract(I)
The following types of contracts must be in writing and signed by the party against whom the contract is to be enforced to satisfy the statute of frauds: Contracts contemplating marriage. Contracts that take a year or longer to complete, land sale contracts, executors promise to pay debt from estate, contracts for the sale of goods of $500 or more, and surely (R)
Here, we have a contract for the sale of real estate /land because a corporation is buying a land build a new warehouse for $1,000,000 .Thus, must be in writing and signed by the party against whom the contract is to be enforced to satisfy SOF (A)
The court is likely to rule that this contract for the sale of land needs to be in writing and signed by the party against whom the contract is to be enforced to satisfy SOF. (C)
- A contract for consulting services for $80,000 over the next 11 months.
B) Which of the following constitute substantial performance? Explain why or why not.
- Widower contracts with Artist to paint a portrait of his late wife. The portrait is done on time and professionally but the likeness, while resembling her, does not look exactly like the woman.
- The Yellow Pages agrees to publish a half-page advertisement for Local Dry Cleaner in exchange for $2,000. The advertisement is published, but one digit in the telephone number is incorrect.
Question 1 is already done. That is the proper way of doing the assignment. Please do all questions in IRAC format as i did in question 1 please.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started