chapter 15 slide show

Question 1

Statute of frauds is not

Answer 1

Statute of frauds is not about frauds

Question 2

The statute of frauds requires

Answer 2

that certain designated types of contracts
be evidenced by a writing
to be enforceable.

Question 3

Contracts within the statute of frauds

Answer 3

Promises to answer for the duty of another
•Promises of an executor or administrator to answer personally for a duty of the defendant whose funds he is administering.
•Agreements upon consideration of marriage
.•Agreements for the transfer of an interest in land.
•Agreements not to be performed within one year.

Question 4

Marriage provision applies

Answer 4

to promises in consideration of marriage

but not to mutual promises to marry.

Question 5

provision applies only if

Answer 5

The provision applies only if a promise to marry is made in consideration for some promise other than a mutual promise to marry.

Question 6

Land contract provision

Answer 6

Applies to promises to transfer any right, privilege, power, or immunity in real property.

Question 7

One- year provision

Answer 7

Applies to contracts that cannot be performed within one year.

Question 8

Possibility test

Answer 8

If it’s possible for the agreement to be performed within one year it is not within the statute of frauds.

Question 9

Parol evidence rule Excludes?

Answer 9

•The rule excludes inconsistent prior and agreements written or formal

Question 10

Parol evidence rule

Answer 10

statement of the complete and exclusive agreement or contract between them.