Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following contracts must be in record form (i.e. legal writing) to be enforceable? Please explain each. 1. A contract for the sale

Which of the following contracts must be in record form (i.e. legal writing) to be enforceable? Please explain each.

1. A contract for the sale of 1 acre of land for $400

2. A contract for managementconsulting for 6 months for $353,000

3. The sale of a car for $358

4. A contract for a loan co-signed/guaranteed by a corporation's vice-president

5. A contract for the sale of a mobile home for $12,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Legal Environment Of Business

Authors: Henry R. Cheeseman

9th Edition

0135173957, 978-0135173954

More Books

Students also viewed these Law questions

Question

2. The purpose of the acquisition of the information.

Answered: 1 week ago

Question

1. What is the meaning of the information we are collecting?

Answered: 1 week ago

Question

3. How much information do we need to collect?

Answered: 1 week ago