A Contract for the Sale of Shares Must Be Evidenced

question 51

True/False

A contract for the sale of shares must be evidenced in writing the revised Article 8 does away with the Statute of Frauds.

---

Definitions:

Problems Associated

Issues or challenges that are linked or related to a particular situation, condition, or concept.

Psychological Effects

The impact or changes in an individual's mental state that result from experiences, thoughts, emotions, and various stimuli.

Physical Effects

The tangible or bodily impacts on a person or object resulting from a cause or event.

Opiates

Natural or synthetic substances that are used for their pain-relieving properties, but can also lead to addiction and abuse.