#1
Which of the following contracts are generally required to be in writing to be enforceable under the Statute of Frauds?
Contracts for the sale of goods over $500
Contracts for the sale of real estate
Contracts that cannot be performed within one year
All of the above
#2
In which year did the Statute of Frauds originate?
#3
Which of the following contracts are NOT typically required to be in writing under the Statute of Frauds?
Contracts involving the sale of land
Contracts for the sale of goods below $500
Contracts for services that can be completed within one year
Contracts involving the transfer of intellectual property
#4
What is the purpose of the Statute of Frauds?
To prevent fraud in contractual agreements
To regulate the duration of contracts
To impose taxes on certain types of contracts
To ensure that all contracts are written in a specific format
#5
Which of the following is NOT a requirement for a valid written contract under the Statute of Frauds?
Signature of both parties
Identification of the parties involved
Specification of the subject matter
Presence of witnesses
#6
Under the Statute of Frauds, what constitutes sufficient writing for a contract?
Any written document, regardless of format
A formal contract drafted by an attorney
A document signed by the party against whom enforcement is sought
A handwritten note by either party
#7
Which of the following is NOT a requirement for a contract to satisfy the Statute of Frauds?
Consideration
Signature by the party to be charged
Material terms
Performance within six months
#8
Under the Statute of Frauds, which of the following contracts must be in writing to be enforceable?
A contract for the sale of land
A contract for the sale of personal property
A contract for services that will be performed within one year
A contract for the sale of perishable goods
#9
Which of the following is a consequence of a contract not meeting the requirements of the Statute of Frauds?
The contract becomes void ab initio
The contract is automatically extended for one year
The contract is unenforceable in court
The contract is renegotiated by the parties
#10
Which of the following types of contracts is exempt from the Statute of Frauds?
Contracts involving the sale of real estate
Contracts for the sale of goods worth $1000 or more
Contracts for marriage
Contracts for the sale of services exceeding one year
#11
Which of the following contracts typically does NOT need to be in writing to be enforceable under the Statute of Frauds?
Contracts for the sale of goods
Contracts for the sale of land
Contracts involving marriage
Contracts for the sale of services exceeding one year
#12
In which legal systems does the Statute of Frauds apply?
Common law systems only
Civil law systems only
Both common law and civil law systems
The Statute of Frauds is not recognized in any legal system
#13
Which of the following statements is TRUE regarding the Statute of Frauds?
It applies only to contracts between merchants
It requires certain contracts to be in writing to be enforceable
It applies to all oral contracts
It has been entirely repealed in modern legal systems
#14
What is the effect of partial performance on a contract governed by the Statute of Frauds?
Partial performance always validates the contract
Partial performance makes the contract void
Partial performance can remove the contract from the scope of the Statute
Partial performance is irrelevant to the enforcement of the contract
#15
Which of the following circumstances might exempt a contract from the requirements of the Statute of Frauds?
The contract involves a sale of goods
The contract is a result of fraudulent inducement
The contract has been orally confirmed by both parties
The contract is for a performance exceeding six months
#16
What does the 'part performance' doctrine entail in the context of the Statute of Frauds?
It allows one party to perform only a portion of their contractual obligations
It renders oral agreements enforceable if one party has partially performed their obligations
It allows for the creation of new terms in a contract after performance has begun
It nullifies contracts if parties fail to perform as agreed
#17
What is the primary purpose of the Statute of Frauds?
To make all contracts enforceable regardless of form
To prevent disputes by requiring contracts to be in writing
To limit the types of contracts that can be enforced
To provide exceptions for certain types of contracts