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book Business Law 11th Edition by Kenneth Clarkson,Roger LeRoy Miller,Gaylord Jentz,Frank Cross cover

Business Law 11th Edition by Kenneth Clarkson,Roger LeRoy Miller,Gaylord Jentz,Frank Cross

Edition 11ISBN: 978-0324655223
book Business Law 11th Edition by Kenneth Clarkson,Roger LeRoy Miller,Gaylord Jentz,Frank Cross cover

Business Law 11th Edition by Kenneth Clarkson,Roger LeRoy Miller,Gaylord Jentz,Frank Cross

Edition 11ISBN: 978-0324655223
Exercise 15
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.
Explanation
Verified
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a). The One-Year Rule - One Year Term:
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Business Law 11th Edition by Kenneth Clarkson,Roger LeRoy Miller,Gaylord Jentz,Frank Cross
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