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Business Law 5th Edition by David Twomey ,Marianne Jennings ,Stephanie Greene
Edition 5ISBN: 978-1305575158Business Law 5th Edition by David Twomey ,Marianne Jennings ,Stephanie Greene
Edition 5ISBN: 978-1305575158 Exercise 3
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
Verified
Verified
Hence, the given statement is False.
(b...
Business Law 5th Edition by David Twomey ,Marianne Jennings ,Stephanie Greene
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