A Contract That Is Unenforceable Under the Statute of Frauds

question 105

True/False

A contract that is unenforceable under the Statute of Frauds may be saved by a subsequent written memorandum.

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Definitions:

Research

The systematic investigation into and study of materials and sources in order to establish facts and reach new conclusions.

Exchanging Information

The act of sharing or swapping information between parties to facilitate understanding or cooperation.

Nongroup Members

Individuals who are not part of a specific group or collective, often considered outsiders.

Relevant Information

Information pertinent to a specific situation, discussion, or decision-making process.