Which of the Following Is False Regarding the Statute of Frauds

question 83

Multiple Choice

Which of the following is false regarding the statute of frauds provision relating to an interest in land?

• A) The statute is intended to prevent oral claims to the existence of a contract for the sale of land.
• B) The statute requires a writing as evidence of a contract to sell land.
• C) A claim to an oral contract for the sale of land is not enough to prove a contract of sale existed.
• D) Mortgages on land are within the statute of frauds.
• E) No leases are within the statute of frauds.

---

Definitions:

Manufacturing Cost

The total cost incurred by a company to produce a specific quantity of a product, including direct labor, raw materials, and overhead.

Raw Materials Used

The total cost of all components and materials directly used to manufacture a product within a specific period.

Total Manufacturing Costs

The aggregate of all costs associated with the production of goods, including direct materials, direct labor, and manufacturing overhead.

Materials Used in Production

The raw materials and components that are consumed in the manufacturing process to produce finished goods.