
Business Law 12th Edition by Roger LeRoy Miller ,Frank Cross
Edition 12ISBN: 978-1111530594
Business Law 12th Edition by Roger LeRoy Miller ,Frank Cross
Edition 12ISBN: 978-1111530594 Exercise 2
The One-Year Rule On May 1, by telephone, Yu offers to hire Benson to perform personal services. On May 5, Benson returns Yu's call and accepts the offer. Discuss fully whether this contract falls under the Statute of Frauds in the following circumstances:
(a) The contract calls for Benson to be employed for one year, with the right to begin performance immediately.
(b) The contract calls for Benson to be employed for nine months, with performance of services to begin on September 1.
(c) The contract calls for Benson to submit a written research report, with a deadline of two years for submission.
(a) The contract calls for Benson to be employed for one year, with the right to begin performance immediately.
(b) The contract calls for Benson to be employed for nine months, with performance of services to begin on September 1.
(c) The contract calls for Benson to submit a written research report, with a deadline of two years for submission.
Explanation
a). The One-Year Rule - One Year Term:
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Business Law 12th Edition by Roger LeRoy Miller ,Frank Cross
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