Under the Statute of Frauds, a contract involving an interest in land must be oral or written to be enforceable. Question 13 1 pts True An insurance policy is an example of a contract that can be assigned False True False Question 11 1 pts In some states, an otherwise whenforceable oral contract may be enforced under the doctrine of promissory estoppel. Question 14 1 pts True False Faye makes and sells furniture, Faye and Glen enter into a contract for the delivery of Faye's products to Glen's Gear retail locations for which he agrees to pay the invoiced price. Faye transfers her right to payment under the contract to Haulers Trucking Company. This transfer is a delegation Question 12 1 pts an assignment. a third party beneficiary contract. Privity of contract establishes the basic concept that parties to a contract have privacy rights with respect to the terms prohibited. True Question 15 Question 8 1 pts 1 pts One type of bilateral mistake can occur when a word or term in a contract is subject to more than one reasonable interpretation Beta Corporation and Code Inc. enter into a contract for the design of custom software for which Beta agrees to pay $5,000. Code transfers the right to payment under the contract to Debits LLC. Dcbits is True obliger False an assignee a third-party beneficiary, Question 9 a delegate 1 pts Question 3 1 pts Flora enters into a contract with Global Shipping, Lid.to insure and shipa painting from France to the United States for a certain price Global makes a mistake in aduling the coab, which caults in a contract price that is $1,000 less than the true cost. Most likely, a court would Ben, a minor, signs a contract to buy a Call phone from Dallas, an adult sales representative. Dallas award allow the parties to rescind the contract can avoid the contract without Ben's consent. damages to Flora for the mistake. cannot avoid the contract award damages to Global for the mistake. can avoid as much of the contract as Ben clects to avoid enforce the contract as is. must obtain Ben's consent to avoid the contract. Under the Statute of Frauds, a contract involving an interest in land must be oral or written to be enforceable. Question 13 1 pts True An insurance policy is an example of a contract that can be assigned False True False Question 11 1 pts In some states, an otherwise whenforceable oral contract may be enforced under the doctrine of promissory estoppel. Question 14 1 pts True False Faye makes and sells furniture, Faye and Glen enter into a contract for the delivery of Faye's products to Glen's Gear retail locations for which he agrees to pay the invoiced price. Faye transfers her right to payment under the contract to Haulers Trucking Company. This transfer is a delegation Question 12 1 pts an assignment. a third party beneficiary contract. Privity of contract establishes the basic concept that parties to a contract have privacy rights with respect to the terms prohibited. True Question 15 Question 8 1 pts 1 pts One type of bilateral mistake can occur when a word or term in a contract is subject to more than one reasonable interpretation Beta Corporation and Code Inc. enter into a contract for the design of custom software for which Beta agrees to pay $5,000. Code transfers the right to payment under the contract to Debits LLC. Dcbits is True obliger False an assignee a third-party beneficiary, Question 9 a delegate 1 pts Question 3 1 pts Flora enters into a contract with Global Shipping, Lid.to insure and shipa painting from France to the United States for a certain price Global makes a mistake in aduling the coab, which caults in a contract price that is $1,000 less than the true cost. Most likely, a court would Ben, a minor, signs a contract to buy a Call phone from Dallas, an adult sales representative. Dallas award allow the parties to rescind the contract can avoid the contract without Ben's consent. damages to Flora for the mistake. cannot avoid the contract award damages to Global for the mistake. can avoid as much of the contract as Ben clects to avoid enforce the contract as is. must obtain Ben's consent to avoid the contract