#1
Which of the following contracts are generally required to be in writing to be enforceable under the Statute of Frauds?
All of the above
ExplanationContracts requiring writing include those for land, marriage, and performance exceeding one year.
#2
In which year did the Statute of Frauds originate?
1677
ExplanationThe Statute of Frauds was enacted in 1677 in England.
#3
Which of the following contracts are NOT typically required to be in writing under the Statute of Frauds?
Contracts for the sale of goods below $500
ExplanationContracts for the sale of inexpensive goods are usually exempt from writing requirements.
#4
What is the purpose of the Statute of Frauds?
To prevent fraud in contractual agreements
ExplanationThe Statute of Frauds aims to prevent fraud in contracts through writing requirements.
#5
Which of the following is NOT a requirement for a valid written contract under the Statute of Frauds?
Presence of witnesses
ExplanationWitnesses are not required for a written contract to satisfy the Statute of Frauds.
#6
Under the Statute of Frauds, what constitutes sufficient writing for a contract?
A document signed by the party against whom enforcement is sought
ExplanationA document signed by the party to be charged is sufficient under the Statute of Frauds.
#7
Which of the following is NOT a requirement for a contract to satisfy the Statute of Frauds?
Performance within six months
ExplanationPerformance within six months is not a condition under the Statute of Frauds.
#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
ExplanationContracts for the sale of land must be in writing for enforceability.
#9
Which of the following is a consequence of a contract not meeting the requirements of the Statute of Frauds?
The contract is unenforceable in court
ExplanationNon-compliant contracts are unenforceable in court under the Statute of Frauds.
#10
Which of the following types of contracts is exempt from the Statute of Frauds?
Contracts for marriage
ExplanationContracts for marriage are exempt from the Statute of Frauds.
#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
ExplanationContracts for the sale of goods are generally exempt from writing requirements.
#12
In which legal systems does the Statute of Frauds apply?
Both common law and civil law systems
ExplanationThe Statute of Frauds applies in both common law and civil law legal systems.
#13
Which of the following statements is TRUE regarding the Statute of Frauds?
It requires certain contracts to be in writing to be enforceable
ExplanationThe Statute of Frauds mandates certain contracts to be in writing for enforceability.
#14
What is the effect of partial performance on a contract governed by the Statute of Frauds?
Partial performance can remove the contract from the scope of the Statute
ExplanationPartial performance can render oral contracts enforceable under the Statute of Frauds.
#15
Which of the following circumstances might exempt a contract from the requirements of the Statute of Frauds?
The contract is a result of fraudulent inducement
ExplanationContracts induced by fraud might be exempt from Statute of Frauds requirements.
#16
What does the 'part performance' doctrine entail in the context of the Statute of Frauds?
It renders oral agreements enforceable if one party has partially performed their obligations
ExplanationPartial performance can make oral agreements enforceable under the Statute of Frauds.
#17
What is the primary purpose of the Statute of Frauds?
To prevent disputes by requiring contracts to be in writing
ExplanationThe primary purpose of the Statute of Frauds is to prevent disputes through written contracts.