Most states have statutes requiring which of the following contracts to be evidenced by a writing to be enforceable?
A) Contracts to make wills.
B) Contracts for the sale of securities.
C) Contracts for the sale of personal property for more than $5,000.
D) Contracts creating certain types of security interests.
E) All of these.

Question

Quizplus · Accepted Answer

All of these options are types of contracts that typically require a written agreement to be enforceable due to statutes such as the Statute of Frauds. These statutes are designed to prevent fraud and misunderstandings in significant transactions.

Most States Have Statutes Requiring Which of the Following Contracts