Which of the Following Statements Is True of the Writing

question 69

Multiple Choice

Which of the following statements is true of the writing requirement of contracts, according to the Statute of Frauds?

• A) Contracts for the sale of goods for $500 need not be in writing.
• B) Contracts for the lease of goods with payments of $101 must be in writing.
• C) Finder's fee contracts need not be in writing.
• D) Promises made in consideration of marriage must be in writing.

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Definitions:

Consumer Good

A product that is produced for personal consumption by the general public.

Cosmetics

Products applied to the body to enhance or alter the appearance, typically including items such as makeup, lotion, and perfume.

1920s

Known as the "Roaring Twenties," a decade of major cultural and economic change, marked by the aftermath of World War I and the onset of the Great Depression at its end.

Fundamentalists

Individuals or groups who strictly adhere to the basic principles of any subject or discipline, often with a particular focus on religion.