Which of the Following Contracts Is Required to Be in Writing

question 49

Multiple Choice

Which of the following contracts is required to be in writing in most states?

• A) contracts for the sale of goods for $100
• B) contracts for the lease of goods with payments of $500
• C) promises to write a will
• D) contracts falling under the promissory estoppel

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Definitions:

Other Cultures

Refers to the customs, beliefs, and practices of groups different from one's own.

U.S. Companies

Businesses or corporations that are based in the United States and operate under its legal and economic systems.

Individualism

Individualism is a social theory favoring freedom of action for individuals over collective or state control.

Group Harmony

The state of agreement and cooperation among members of a group, contributing to a peaceful and productive environment.