The ________ states that agents' contracts to sell property covered by the Statute of Frauds must be in writing to be enforceable.
A) merger clause
B) common law of contracts
C) doctrine of equity
D) equal dignity rule

Question

Quizplus · Accepted Answer

The Equal Dignity Rule is a doctrine that requires that an agent's authority to enter into a contract that must be in writing must also be in writing. Therefore, the correct answer is the Equal Dignity Rule. The Statute of Frauds is a law that requires certain types of contracts, such as contracts for the sale of real estate, to be in writing to be enforceable. The merger clause is a provision in a contract that states that the entire agreement between the parties is contained in the written contract and that any previous statements or agreements are merged into the written contract. The common law of contracts refers to the body of law that has developed over time through court decisions, rather than through statutes or regulations. The doctrine of equity deals with the principles of fairness and justice, and is often used in conjunction with common law in legal proceedings.

The ________ States That Agents' Contracts to Sell Property Covered