Glenn and Haji Sign a Written Contract

question 2

Multiple Choice

Glenn and Haji sign a written contract.Glenn claims that the parties later orally agreed to modify it.Any oral modification is likely not enforceable if it falls under

• A)the doctrine of promissory estoppel.
• B)the "main purpose" exception.
• C)the "partial performance" exception.
• D)the Statute of Frauds.

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Definitions:

Goods Imports

The act of bringing products or services into one country from another for the purpose of trade or sale.

Current Account Entry

Transactions that reflect the difference between a country's savings and its investment in a given period, including trade balance and foreign income.

Financial Account Entry

A record in the financial accounts that captures transactions like borrowing, lending, or investing.

Financial Account Deficit

A situation where the value of a country's imports of financial assets exceeds its exports over a given period.