
Business Law: Principles for Today's Commercial Environment 3rd Edition by Marianne Moody Jennings, David Twomey, Marianne Jennings
Edition 3ISBN: 9780324786699
Business Law: Principles for Today's Commercial Environment 3rd Edition by Marianne Moody Jennings, David Twomey, Marianne Jennings
Edition 3ISBN: 9780324786699 Exercise 16
With regard to an agreement for the sale of real estate, the statute of frauds:
a. Requires that the entire agreement be in a single writing
b. Requires that the purchase price be fair and adequate in relation to the value of the real estate
c. Does not require that the agreement be signed by all parties
d. Does not apply if the value of the real estate is less than $500
a. Requires that the entire agreement be in a single writing
b. Requires that the purchase price be fair and adequate in relation to the value of the real estate
c. Does not require that the agreement be signed by all parties
d. Does not apply if the value of the real estate is less than $500
Explanation
(a) The contract does not have to fit in...
Business Law: Principles for Today's Commercial Environment 3rd Edition by Marianne Moody Jennings, David Twomey, Marianne Jennings
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