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Review the section in Ch. 11 and the infographics concerning the writing requirement for a contract. Josh and Rachel are entering into a contract. They
Review the section in Ch. 11 and the infographics concerning the writing requirement for a contract.
Josh and Rachel are entering into a contract. They don't know whether it needs to be in writing.
List the six types of contracts that need to be in writing.
1. Give a specific example of each type (use fictional people and give a short scenario).
2. Why is it important to have these particular contracts in writing (as opposed to being verbal)? Consider what is at stake in the transactions that these contracts involve.
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