To Be Enforceable, Which of the Following Contracts Require a Written

question 524

Multiple Choice

To be enforceable, which of the following contracts require a written document under the statute of frauds?

• A) your promise to buy a car from a dealership for $30,000 cash
• B) your promise to write a software program next month for $11,000
• C) your promise to buy a warehouse for $40,000
• D) your promise to buy ten tons of coal for $2,000
• E) none of the other choices

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Definitions:

Relationship Selling

A sales approach that involves building and maintaining customer trust over a long period of time.

Sales Quotas

Targets set for salespeople or departments to achieve in a specified timeframe to measure performance.

Periodic

Occurring or appearing at regular intervals or cycles.

Technical Specialists

Sales representatives who contribute expertise in the form of product demonstrations and trials, offer recommendations for equipment and setup of machinery, and provide systems integration support.