List Three Types of Contracts That Must Be Evidenced in Writing

question 58

Essay

List three types of contracts that must be evidenced in writing in most jurisdictions.Provide one example of each.

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Definitions:

Voucher System

An internal control method in accounting where vouchers are prepared before payments are processed to ensure transactions are authorized and recorded properly.

Check Register

A record of transactions in a checking account, tracking all checks written, deposits made, and current balance.

Selling Company

A business entity that primarily engages in selling goods or services to consumers or other businesses.

Sales Invoice

A bill sent to customer(s) reflecting a credit sale.