Why was the statute of frauds originally enacted?

Group of answer choices

to avoid fraudulent claims

to make all oral contracts illegal

to aid the English in recovering remedies

to avoid too many frivilous lawsuits

When an Offeror decided to stop or cancel the offer, before acceptance, it is called:

Group of answer choices

Revoking

Voiding

Breaching

Rescinding

When an injured party reduces the amount of damages, they are said to have "mitigated" the damages.

Group of answer choices

True

False

What are two kinds of beneficiaries that refer to a party being either mentioned or not mentioned in a contract?

Group of answer choices

Assigned and Unassigned Beneficiary

Intended and Incidental Beneficiary

Intentional and Unintentional Beneficiary

First-Party and Third-Party Beneficiary

Which of the following is a limit of Compensatory Damages?

Group of answer choices

All of the above

The party harmed must mitigate the harm from the breach

The losses must be known

The Party cannot speculate what he or she might have earned had the contract been perfomed

Which of the following is a condition that the parties have agreed upon and is explicitly stated in the contract?

Group of answer choices

Condition Subsquent

Condition Precedent

Express Condition

Constructive Condition

In accordance with the Parol Evidence Rule, the court will not hear;

Group of answer choices

All of the above

Evidence pertaining to the agreements and conversations made prior to the contract

Testimony from either party involved in the contract

Evidence pertaining to the agreements and conversations made after the contract.

Max enters into a contract with Linda to rob a store in return for money. Linda robs the store but Max does not pay her. Can Linda sue Max?

Group of answer choices

Not sure - need more information.

No, because of lack of consideration

No, because of the legality of subject matter

Yes, They entered into a legally binding contract