The Effect of the Statute of Frauds (Or Any Other

question 48

Multiple Choice

The effect of the Statute of Frauds (or any other statutory provision in provinces that have repealed it) is that none of the following may be brought in a court of law unless they are in writing and signed by the party to be charged:

• A) a contract concerning an interest in land;
• B) a promise by an executor or administrator to settle a claim out of his or her own personal estate;
• C) a guarantee agreement;
• D) a contract concerning an interest in land and a guarantee agreement;
• E) All of the responses are correct.

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Definitions:

Inspected

Examination or review of a condition or situation, often for compliance or quality control.

Delivery

The act of transferring possession of a good or document from one party to another, fulfilling a contractual obligation.

Document of Title

A legal document that provides evidence of ownership of property or goods.

Negotiable Document

A written instrument that promises payment to the holder and is freely transferable.