A Party to a Contract That Is Unenforceable Because of the Statute

question 15

True/False

A party to a contract that is unenforceable because of the statute of frauds may be able to recover in restitution the benefits conferred on the other party in reliance on the unenforceable contract.

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Definitions:

Time Delay

The period between the initiation of an action or process and its effect or outcome, often seen in communication, signal processing, and transportation.

Live Video-conference

A real-time video communication session among two or more users located at different sites.

Intranet

A private network accessible only by an organization's members, employees, or others with authorization, used to share information, operational systems, or computing services within the organization.

Internet Protocol

A set of rules governing the format of data sent over the Internet or other networks.