Whose Signatures Are Needed in Order to Satisfy the Statute

question 23

Multiple Choice

Whose signatures are needed in order to satisfy the statute of frauds?

• A)Only the signatures of witnesses to the agreement are required.
• B)Only the signature of the party attempting to enforce the contract is required.
• C)Only the signature of the party against whom enforcement is being sought.
• D)Only the signature of the third party to the contract,the beneficiary,is required.

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Definitions:

Impression Management

The effort to control or influence the perceptions of others about a person, object, or event.

Machiavellianism

A personality trait centered around manipulativeness, callousness, and a strategic approach to interpersonal relationships, often with a lack of ethical consideration.

Organizational Settings

Refers to the work environment and conditions under which an organization operates, including its policies, procedures, and culture.

Power

The ability of an individual or group to influence outcomes, control resources, or direct the behavior of others.