Which of the following is true with regard to a contract that has to be in writing?
A) It the contract is handwritten it must be in ink.
B) If the contract is a guarantee, consideration must be identified.
C) The contract does not have to be wholly within a single document. Several written notes may be taken together to satisfy the Statute of Frauds.
D) All implied terms must be carefully identified.
E) The parties must meet to discuss the terms.

Question

Quizplus · Accepted Answer

The Statute of Frauds requires certain types of contracts (such as contracts for the sale of goods over a certain value or contracts for the transfer of land) to be in writing. However, the writing does not have to be a single, formal document. Several written notes, text messages, or emails may be pieced together to satisfy the Statute of Frauds.

Which of the Following Is True with Regard to a Contract