Law Ch 11
Parole evidence refers to ________.
Spoken words
True or False - Under the Statute of Frauds, a written note or memorandum may suffice if it is signed by the party against whom the claim for breach of contract is made.
True
True or False - The Statute of Frauds states that the memorandum must contain more essential terms than the written contract.
False
True or False - The Statute requires a written memorandum that contains all information on one piece of paper.
False
Default
A breach of any contractual agreement.
What is the Statute of Frauds?
A law requiring certain contracts to be in writing.
Which of the following types of agreements according to the Statute of Frauds need to be in writing.
An agreement containing a promise in consideration of marriage.
True or False - A lease of real property for less than one year must be in writing for it to be binding.
False
True or False - Courts will always permit spoken words to add or modify the terms of a written contract that appears to be complete.
False
True or False - Every state has an identical list of contracts required by law to be in writing to be enforced.
False
True or False - The Statute of Frauds requirement of writing applies if the main purpose of the promise is to gain some advantage over the promisor.
False
True or False - all contracts must be in writing to be enforceable.
False
Which of the following is true of the parole evidence rule?
It allows a written contract to be modified by oral testimony if there is evidence of fraud.
Which of the following is an advantage of a written contract over an oral one?
The evidence of a contract cannot be denied if it is in writing.
Which constitutes an exception to the Statute of Fraud's requirement that a contract be in writing?
The original promise from the promisor rather than a promise to pay the debt of another.
When a party sues to enforce an alleged contract, The Statute of Frauds requires ______
There be a note in writing signed by the party against whom the claim for breach of contract is made.
True or False - According to the Statute of Frauds, an agreement to sell goods for more than $500 must be in writing.
True
True or False - The parole evidence rule assumes that a written contract represents the complete agreement.
True