Why Must Real Estate Sales Contracts Be Evidenced in Writing

question 78

Multiple Choice

Why must real estate sales contracts be evidenced in writing and signed by the party to be charged in order to be enforceable?

• A)Contracts of such property are covered under the statute of frauds.
• B)Such property would otherwise not be entitled to mortgage.
• C)Such property would otherwise not be entitled to insurance.
• D)Such property would otherwise be liable to eminent domain.

Recognize the importance of replicable results in scientific research.

Differentiate between hypotheses and theories within the scientific method.

Identify the concept of the "burden of proof" within both the scientific and legal systems.

Analyze the principle of parsimony and its application in preferring theories.

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Definitions:

Mood Congruency

The concept that people are more likely to remember information that is consistent with their current mood.

Recall

The ability to retrieve and reproduce information from memory without being re-exposed to it since its original encoding.

Encoding

The process of converting information or an idea into a particular form, such as language or computer code, to communicate effectively.

Envy

A feeling of discontent or covetousness with regard to another's advantages, success, possessions, etc., often accompanied by a desire to have what someone else has.