Exam 15: Contracts in Writing

A significant impediment to e-commerce has been the questionable enforceability of contracts entered into through electronic means, such as the Internet or e-mail, because of the writing requirements under contract and sales law.

Under the Code an oral contract for specially manufactured goods costing $500 is enforceable even if the seller has not begun their manufacture.

What is another name for the main purpose doctrine?

The UCC Article 2 statute of frauds provision applies to the sale of goods for the price of __________ or more.

The parol evidence rule does not prevent the use of evidence that a party would like to use to establish the defense of fraud, duress, or undue influence.

Kelley borrows $3,000 from Paul and orally agrees to repay him in three annual installments. Most courts would hold:

In an employment agreement with Carl, Arnold promises to work for Carl for the rest of his life. This promise must be in writing or in proper electronic form to be enforceable.

Which of the following is a collateral promise?

The statute of frauds has to do with fraud in the inducement of a contract.

Which of the following promises in consideration of marriage would be outside the statute of frauds?

A collateral promise is an undertaking to be primarily liable for the principal debtor's debt.

E-Sign was enacted by Congress in 2000 and makes electronic records and signatures valid and enforceable across the United States for many types of transactions in or affecting interstate or foreign commerce.

Which of the following is untrue with regard to the interpretation of contracts?

A contract to pay for lawn care services costing $1,500 would have to be in writing or in proper electronic form to be enforceable.

Which of the following is true regarding noncompliance with the statute of frauds?

In order to induce a car dealer to sell her son a car on credit, Mary promises that she will pay for the son's car if the son defaults on his monthly payments to the dealership. Mary's promise must be in writing or have a sufficient electronic record.

On March 20, Alan orally agrees to work for Trower, Inc. for a period of one year commencing on June 1. No writing is necessary here, because the contract can be performed within one year.

In determining the meaning of a contract, which of the following will have first priority?

Which of the following would NOT require a writing under the statute of frauds?

The executor-administrator provision applies to promises of an executor of a decedent's estate to the decedent's creditors.