Which of the Following Is True of the Statute of Frauds

question 90

Multiple Choice

Which of the following is true of the statute of frauds?

• A)It prevents the use of oral evidence to contradict the terms of a written contract.
• B)It applies to all contracts having consideration valued at $500 or more.
• C)It requires an independent promise to pay the debt of another to be in writing.
• D)It applies to all real estate leases.

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Definitions:

Rationalization

The process of replacing traditional and spontaneous methods of organization with calculated, efficient, and predictable procedures.

George Ritzer

A sociologist known for his work on consumerism, globalization, and the concept of McDonaldization, which describes the process of rationalization in societal institutions.

McDonaldization

The process by which the principles of the fast food industry, such as efficiency, predictability, and control, have come to dominate other sectors of American society and the world.

George Ritzer

An American sociologist known for his concepts of McDonaldization, which explains how principles of the fast food industry dominate more sectors of society and global culture.