Examlex
Which of the following is true of the selection process?
Statute of Frauds
A legal requirement that certain types of contracts be executed in writing and signed by the party to be charged, in order to be enforceable.
UCC
Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, intended to standardize regulations across the states.
IRS Form
Official documents issued by the Internal Revenue Service for taxpayers to report financial information, file taxes, or claim deductions.
Delegation
A contracting party’s (a delegator’s) transfer of his or her duty to perform to a third party who is not part of the original contract (a delegatee).
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