Exam 16: Written Contracts

Which of the following would suffice for a signature on a writing under the statute of frauds?

Brahma entered into an oral agreement to sell 50 jet skis to Summer Sports.Brahma delivered 20 of the skis on May 1.On June 1,Summer Sports notified Brahma that it will not honor the agreement.Which statement is correct?

In order to satisfy the statute of frauds,a writing must

Does the statement "The sale of goods will not be enforceable unless there is some writing,signed by the defendant,indicating that the parties reached an agreement" accurately reflect the UCC's basic rule?

Raymond agrees to transfer an easement right to Sandra for $1,000.This contract is within the statute of frauds and therefore needs to be in writing to be enforceable.

The Uniform Electronic Transmission Act (UETA)

The original statute of frauds is the English law that began the practice of requiring written evidence of certain kinds of contracts,but now the British government has repealed the writing requirement for most contracts.

Under the statute of frauds,the writing must: be signed by the defendant;and must state with reasonable certainty the name of each party,the subject matter of the agreement,and all of the essential terms and promises.

Vicki entered into a written contract to buy a car from Valley Motors.During the negotiations,the sales representative said that the car had a two-year full warranty.The written contract included a provision that stated,"This writing is the full and final expression of the parties' agreement;anything said before signing or while signing is irrelevant." The written contract did not include a warranty.Two months after Vicki took delivery of the car,she discovered that the transmission needed to be replaced.Vicki claimed that it was covered by the full warranty.Will Vicki be able to present evidence as to the sales representative's statements concerning the warranty?

Claude agrees to lease his house to Irvin for nine months,the lease to begin six months from the signing of the contract.Under the statute of frauds

Which of the following promises ordinarily must be fully executed in writing to be enforceable?

Under the merchants' exception rule of the UCC,within a reasonable time ofmaking an oral contract,if a merchant sends a written confirmation to another,and if theconfirmation is definite enough to bind the sender herself,then the merchant who receivesthe confirmation will also be bound by it unless he objects in writing within

Tony signed a contract agreeing to purchase a used,high-powered boat for $10,000.Prior to signing the contract,the sales representative explained that the boat motor was guaranteed for six months for all labor and parts.The written contract contained nothing about the warranty;however,it did have an integration clause in it.Tony had problems with the boat motor,causing expensive repairs.Tony returned the boat to the sales representative for the repairs,only to learn the salesman denied knowing anything about a six-month warranty.If Tony sues,discuss the likely outcome.

Any contract involving a sale of goods of $100 or more must be in writing.

When one person agrees to pay the debt of another as a favor to that debtor,it is called

Which of the following types of contracts cannot be either contradicted or supplemented by evidence of prior agreements or expressions?

Alfred orally promised to pay Robert a salary of $30,000 per year for five years and his moving expenses up to $10,000 if Robert would quit his job and come to work for him at his manufacturing plant.Robert agreed to do so,but requested a written contract.Alfred assured him that the company attorney would prepare such a contract as soon as possible,but Alfred needed Robert to start at once.Accordingly,Robert sold his house,moved his family,and commenced to work for Alfred.He was fired without cause two months later.No written contract was ever executed.Can Robert enforce Alfred's oral promise?

Sweet Plantation,Inc.made a written contract with Candy,Inc.whereby Sweet Plantation agreed to supply all of Candy's sugar requirements for the next year at $.25 per pound.A dispute arose as to how much sugar Sweet is to supply.The parol evidence rule will bar Sweet's introduction of evidence concerning the intent of the requirements of Candy.

Under a contract for the sale of land,the statute of frauds

Bry,Inc.and Gangl Co.entered into an oral agreement for the sale of 3,000 sweaters.Both parties performed as required under the contract.Bry delivered the sweaters and Gangl accepted and paid for them.Since the contract is fully executed,it makes no difference that it was an oral agreement.