Which of the Following Agreements Has to Be in Writing

question 112

Multiple Choice

Which of the following agreements has to be in writing under the original Statute of Frauds in order to be enforceable?

• A) an agreement to sell a car on January 1 of the following year
• B) an agreement by a creditor to accept $800 in full satisfaction of a debt in the amount of $1000
• C) a lease of a vehicle for a term commencing on November 1, 2011, and expiring November 1, 2013
• D) an agreement for the sale of a farm animal
• E) an agreement for the sale of a building lot

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Definitions:

Nonnormal Population

Refers to a population that does not follow a normal distribution, which can affect the choice of statistical methods used for analysis.

Sample Measurements

Observations or data collected from a subset of a population for the purpose of statistical analysis.

Sampling Distribution

A probability distribution of a statistic obtained from a large number of samples drawn from a specific population.

Defective Items

Refers to products or components that do not meet the quality standards or specifications set by the manufacturer or industry.