Although Not Covered by the Original Statute of Frauds, Most

question 22

Multiple Choice

Although not covered by the original statute of frauds, most states have statutes requiring a writing to make all but which of the following contracts enforceable?

• A) A contract to make a will.
• B) A contract authorizing an agent to sell real estate.
• C) Contracts for the sale of securities.
• D) Contracts creating certain types of security interests.

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Definitions:

War Communism

An economic and political system that was implemented by the Bolsheviks during the Russian Civil War, characterized by the nationalization of industry and the forced requisition of agricultural produce.

State Ownership

The scenario where assets, enterprises, or properties are owned and controlled by the government rather than private entities.

Economic Policies

Strategies and decisions made by a government concerning the economic management of the country, including taxation, government spending, and interest rates.

Russian Liberals

Russian Liberals in the 19th and early 20th centuries were individuals advocating for more political freedoms, social reforms, and a move towards a constitutional monarchy or democracy in Russia.