In December,2001,Mark Signs a Written Consulting Agreement for the Period

question 75

Multiple Choice

In December,2001,Mark signs a written consulting agreement for the period of January,2002,through May,2003.The contract is going well,so on June 15,2002,the parties orally agree to extend the arrangement by 4 months through September 2003.In October 2002,the client tells Mark that the 4-month extension will not be honored.Under these circumstances:

• A)The extension is unenforceable because it cannot be completed within one year of when the extension agreement was made.
• B)The extension is unenforceable due to the parol evidence rule.
• C)The extension is enforceable because the period of extension was less than 1 year.
• D)The extension is enforceable because of the part performance exception.

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Definitions:

Annual Rings

Concentric rings visible in the cross-section of a tree trunk representing a year's worth of growth; used to estimate age and historical climate conditions.

Tropical Rain Forest

A dense, warm, wet forest biome located near the equator, known for its high biodiversity and as the habitat for half of the Earth's plant and animal species.

Outward-Facing

Directed towards the exterior or outside of something.

Water Loss

The process through which water leaves the body or a system, which can occur through evaporation, excretion, or transpiration in plants.