Under the Agent Negotiation Rule, If a Contract Falls Within

question 39

True/False

Under the agent negotiation rule, if a contract falls within the statute of frauds if negotiated by a person, it must also be in writing even if negotiated by that person's agent.

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Definitions:

Theologians

Scholars who specialize in the study of theology, exploring the nature of the divine, religious beliefs, and spiritual experiences.

Deductive Reasoning

A logical process in which a conclusion follows necessarily from the stated premises; if the premises are true, the conclusion must be true.

Inductive Reasoning

A method of reasoning in which general principles are inferred from specific observations, moving from specific instances to broader generalizations.

Set of Premises

A collection of statements or propositions that form the basis for a conclusion or logical argument.