MORT 234 chapter 11.1 Brief Hypotheticals
Shirley who is planning to start a boutique borrows $100,000 from Danny. Gary, Shirley's uncle, promises Danny to pay Shirley's debt to Danny if she defaults on payment. According to the Statute of Frauds, which of the following is true with regard to this scenario?
Gary's promise must be in writing.
Bryce promises to sell Marcia a parcel of land for $100,000. The two specify the terms of the sale in a written contract, but only Bryce signs the agreement. Marcia subsequently decides she does not want to buy the land. Will Bryce be able to enforce the agreement?
No, because Marcia did not sign the written agreement
Dexter contracted with the Roberts to mow their yard once a week during the summer in exchange for $50 per week. The contract was clearly drafted and signed by both parties. Halfway through the summer, Dexter sued the Roberts over the weekly pay. He claimed the Roberts had sent an email to him two weeks before signing the contract and had promised to pay $75 per week. Will Dexter be able to present the email as evidence to modify the written contract?
No, because the admission of the email would violate the parol evidence rule.
Sam and Denise enter into an oral contract whereby Sam promises to sell his one acre land to Denise for $1,000,000. Sam and Denise perform according to the terms of this oral contract. Denise pays $1,000,000 and becomes the owner of Sam's one acre of land. Which of the following is true with regard to this scenario?
Sam cannot seek to set aside the contract on the ground that there was no writing
Which of the following agreements must be in writing in accordance with the Statute of Frauds?
Ben's agreement to become responsible for Darwin's debt
Percy owns an apartment in Maryland. She leases this property to Sandy for a four-year term. Which of the following is true with regard to this scenario?
This contract must be in writing in order to be binding.
William made a contract with Kevin to build a boat for $800. William's failure in building the boat led to a breach of contractual obligation. This is an example of:
default