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"A Plaintiff Must Be Very Certain of Some Return Before

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Essay

"A plaintiff must be very certain of some return before risking litigation." Discuss the wisdom of this statement as well as options that may increase the likelihood of collection after a judgment.


Definitions:

Statute of Frauds

A rule of law mandating that some contract varieties must be documented and signed by the involved parties to be legally binding.

Writing Requirement

A legal stipulation that certain contracts or agreements must be in writing to be enforceable.

Merchants

People or companies involved in buying and selling products, services, or commodities to make profits.

Merchant Agents

Individuals or entities authorized to act on behalf of merchants in commercial transactions.

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