business law-ch5 (BC)
Terms
undefined, object
copy deck
- the english parliament passes a law in 1677 that required certain contracts to be writing in order to be enforceable
- the law was called An Act for the Prevention of Frauds and Perjuries
- the ucc does not apply that all contracts be
- written
- statute of frauds applies
- to executory contracts
- When a Person dies you have to pay thier debt
- true
- Statute of Frauds
- a state law that requires that certain contracts be in writing.
- a written agreement is invaild
- true
- written contract must
- be agreed upon the parties so the neither party can go to court and claim the contract is incorrect
- executory contracts
- contracts that have not been fully preformed
- a court wants a photocopied contract
- false
- written contract
- can be a letter, sales slip, an invoice, or several words placed on a check