Which of the Following Is True in Oral Rescission

question 15

Multiple Choice

Which of the following is true in oral rescission?

• A) Insufficiently written contracts governed by the Statute of Frauds are unenforceable.
• B) For a fully performed contract unenforceable under the Statute of Frauds, some restitution will be available.
• C) If a title has already passed to the buyer under a written agreement that satisfies the statute, the contract cannot be rescinded.
• D) If there has been a material change of position in reliance on the contract, oral agreements to rescind are enforceable.
• E) Contracts governed by the Statute of Frauds cannot be modified orally if the resulting contract, taken as a whole, falls outside the statute.

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Definitions:

Level of Agitation

The degree or extent of restlessness, uneasiness, or turmoil, often observed in individuals with psychiatric conditions.

Random Assignment

A selection procedure that ensures that participants are randomly placed either in the control group or in the experimental group.

Preexisting Differences

Variations in characteristics, conditions, or experiences among subjects before the onset of a study or intervention, potentially influencing outcomes.

Control Group

A group in an experiment or study that does not receive the experimental treatment and is used as a benchmark to measure how the other tested groups perform.