Exam 15: Written Contracts

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

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 oral.

Amanda,a recent university graduate,needed a car to get to her new job.To help Amanda secure a loan for the car,Ted,a friend,agreed to pay the loan should Amanda default.Ted's promise to pay the loan is a collateral promise.His promise must be in writing to be enforceable.

Renita,a merchant,has received a signed,written confirmation from Merchants,Inc.referring to goods she had not ordered.Renita should:

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

Vicki entered into a written contract to buy a car from Valley Motors.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." This is:

Amy Hudson has been trying to purchase Glen Cappel's antique desk for some time,but Glen has been reluctant to sell.One evening Glen said to Amy,"Okay,I'll sell the desk for $550." Amy replied,"Thank you,Glen.I accept." The agreement was not reduced to writing,but Glen and Amy did shake hands.Two days later,Amy sent Glen a letter outlining the terms of the agreement,and stating that she would deliver $550 cash according to the agreement within ten days.The letter was signed,"Best regards,Amy." Later,Amy had second thoughts,and refused to go through with the purchase.Nothing had been exchanged at this point.Glen: