Which of the following is false regarding written contracts?
A) Disputes are easier to settle when contractual terms are solidified in writing.
B) The moment of writing allows both parties to reconsider terms and ensure what they desire.
C) In general, written contracts aid in the conduct of smooth business contracts.
D) The idea of requiring a writing comes from an English law.
E) All contracts must be in writing in order to be enforced.

Question

Quizplus · Accepted Answer

The statement that all contracts must be in writing in order to be enforced is false. While many types of contracts do require written documentation to be legally binding, such as real estate transactions or contracts that cannot be performed within one year, there are exceptions. Oral contracts can also be enforceable, depending on the jurisdiction and the specific circumstances surrounding the agreement.

Which of the Following Is False Regarding Written Contracts