#1
In which situation would the Statute of Frauds likely not apply?
A contract for the sale of a car
A contract for the sale of a house
A contract for the sale of custom-made furniture
A contract for lawn mowing services
#2
Which element is essential for a contract to be valid under the Statute of Frauds?
Oral agreement
Mutual assent
Statutory requirement of writing
Verbal confirmation
#3
Which of the following is NOT typically covered by the Statute of Frauds?
Contracts for the sale of goods
Contracts for the sale of real estate
Contracts for personal services
Verbal agreements between friends
#4
Which of the following contracts is generally exempt from the Statute of Frauds requirement?
A contract for the sale of real estate
A contract for the sale of goods over $500
A contract for personal services lasting less than one year
An oral agreement to exchange gifts
#5
Which of the following contracts must be in writing to be enforceable under the Statute of Frauds?
A contract for the sale of goods over $500
A contract for personal services
A contract for the sale of real estate
A contract for a one-month gym membership
#6
What is the primary purpose of the Statute of Frauds?
To prevent fraud and perjury in certain types of contracts
To ensure fair bargaining in all contracts
To speed up the legal process for contract disputes
To limit the types of contracts that can be formed
#7
Which type of contract is generally excluded from the Statute of Frauds requirement?
Contracts involving real estate
Contracts for the sale of goods
Contracts for personal services
Verbal agreements
#8
What is the significance of the term 'within the Statute' in contract law?
Refers to contracts specifically mentioned in the Statute of Frauds
Indicates contracts outside the scope of the Statute of Frauds
Refers to contracts with a short timeframe
Indicates contracts that are easily enforceable
#9
What is the significance of part performance in relation to the Statute of Frauds?
It allows parties to partially fulfill their obligations under an oral contract
It provides an exception to the writing requirement for certain contracts
It invalidates any oral contract
It is not relevant to the Statute of Frauds
#10
What is the primary purpose of the writing requirement under the Statute of Frauds?
To make contracts more complicated
To provide a clear record of the agreement
To limit the types of contracts that can be formed
To increase the cost of entering into contracts
#11
Which of the following is NOT one of the common exceptions to the Statute of Frauds?
Partial performance
Promissory estoppel
Oral agreement recorded by a third party
Admission in court
#12
What is the purpose of the requirement for a written contract under the Statute of Frauds?
To make contracts more formal and ceremonial
To facilitate easier enforcement of contracts
To discourage people from entering into contracts
To limit the freedom to contract
#13
What is the purpose of the parol evidence rule in contract law?
To allow parties to introduce any evidence in court
To restrict the use of oral or written evidence outside the written contract
To prevent parties from entering into contracts
To promote ambiguity in contracts
#14
Under the Statute of Frauds, which type of contract must be in writing and signed by the party to be charged?
Contracts for the sale of goods over $500
Contracts for personal services
Contracts for the sale of real estate
Oral contracts of any nature
#15
In contract law, what is the effect of a contract that falls within the Statute of Frauds but lacks a written agreement?
The contract is void and unenforceable
The contract is automatically extended
The contract is enforceable but with limited remedies
The Statute of Frauds does not apply in such cases
#16
In which situation does the Statute of Frauds NOT apply?
A contract for the sale of a house
A contract for the sale of goods over $500
A contract for personal services lasting less than one year
A verbal agreement witnessed by three people