The Statute of Frauds Requires a Written Agreement for Sales

question 21

Multiple Choice

The statute of frauds requires a written agreement for sales of merchandise costing

• A) $250 or more.
• B) $400 or more.
• C) $500 or more
• D) over $750.

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Definitions:

Reality

The state of things as they actually exist, as opposed to an idealistic or notional idea of them.

Repression

A psychological defense mechanism where distressing thoughts, memories, or impulses are excluded from consciousness.

Anxiety

A feeling of worry, nervousness, or unease, typically about an imminent event or something with an uncertain outcome.

Oral Retentive

A psychoanalytic concept referring to an individual who exhibits traits such as obsessiveness or tidiness, theorized to stem from unresolved issues during the oral stage of psychosexual development.