What Does "Incorporation by Reference" Do in the Context of Contract

question 155

Multiple Choice

What does "incorporation by reference" do in the context of contract law?

• A) It identifies the parties to a contract.
• B) It dictates that the court apply equitable principles, rather than legal principles, to resolution of any dispute arising between the parties.
• C) It makes separate writings part of a contract's terms.
• D) It makes the Statute of Frauds inapplicable to the contract.
• E) nothing as far as the Statute of Frauds is concerned, because incorporation cannot be used to satisfy the Statute of Frauds

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Definitions:

Not-For-Profit Corporation

An organization formed for purposes other than generating profit, where any income generated is used in pursuing its goals instead of being distributed as dividends.

Shareholders

Individuals or entities that own one or more shares of stock in a corporation, thus having an interest in the company's management, profits, and assets.

Members

Individuals who are part of a group, organization, or body, often having specific rights or responsibilities.

Special Charter

A specific grant of authority and rights by the state to incorporate a city, corporation, or university, detailing its organization, powers, and privileges.