Contracts That Are Traditionally Required to Be in Writing by the Statute

question 28

Multiple Choice

Contracts that are traditionally required to be in writing by the statute of frauds are:

• A) bilateral contracts that are capable of being performed within a year of their formation.
• B) contracts for the transfer of an interest in land.
• C) bilateral contracts that have been fully performed by both parties.
• D) contracts for the sale of goods costing less than $500.

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Definitions:

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