Which of the Following Is True Regarding a Signature on a Document

question 14

Multiple Choice

Which of the following is true regarding a signature on a document falling within the statute of frauds?

• A)There is no requirement of any signature of either party to satisfy the statute of frauds.
• B)Any party required to sign must sign at the beginning of the document.
• C)Any party required to sign must sign at the end of the document.
• D)Any party required to sign must sign both at the beginning and at the end of the document.
• E)So long as it is meant as a signature,a party required to sign may sign at any place on the document.

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Definitions:

Marginal Utility

The additional satisfaction or utility that a person receives from consuming an additional unit of a good or service.

Budget Constraint

A concept in economics that represents all the combinations of goods and services that a consumer may purchase given current prices and their income level.

Price

The cost of buying a product or service, typically influenced by the balance of supply and demand.

Budget Constraint

The limits imposed on household or individual choices by income, wealth, and product prices, dictating the combination of goods and services that can be purchased.