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To satisfy the Statute of Frauds writing requirement, both parties' signature must appear in the writing. True False Sandy makes a verbal agreement with Sit-Rite

To satisfy the Statute of Frauds writing requirement, both parties' signature must appear in the writing.

True

False

Sandy makes a verbal agreement with Sit-Rite to create 50 custom-made chairs for $3,000.

After Sit-Rite produces the chairs, Sandy calls Sit-Rite and says she no longer wants the chairs and that the deal is off.

Under this scenario:___.

This is enforceable under an exception to the Statute of Frauds.

This isnotenforceable under the Statute of Frauds.

This isnotenforceable under the UCC.

According to theleading object doctrine, promises of third parties to a contract who are primarily motivated by a desire to secure a personal benefit: ___ .

are covered by theStatute of Frauds

areestoppedfrom recovery

fall outside the scope of theStatute of Frauds

Gordon makes a verbal agreement with Lorna to build a shed for her.

They discuss the terms and shake on it.

Later, Lorna wants to back out of the agreement.

Is this contract unenforceable under the Statute of Frauds?

NO:This agreement falls outside the requirements of the Statute of Frauds.

YES:Contracts for real estate must be in writing

Molly makes a verbal agreement with Jillian to sell her a small plot of ground for $300 for a small vegetable garden.

This agreement is:___.

The agreement is enforceable under the Statute of Frauds, because the produce can be grown and harvested within one year.

The agreement isnotenforceable under the Statute of Fraudsbecause no exception applies to the transaction.

This agreement is enforceable under the UCC, because the purchase price is under $500.

The barista formerly known as Kimi prefers to sign her name:%.

When signing her lease, she indicated her intent to be bound by placing%on the lease's signature line.

This satisfies the Statute of Frauds' writing requirement.

True

False

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