Which of the following statements is FALSE?
A)a contract for the sale of a house must be in writing to be valid
B)most contracts must be in writing to be valid
C)a mortgage on a condominium must be in writing to be valid
D)it is always a good idea to put a contract in writing even it is not a legal requirement
E)on-line contracts are legally valid contracts

Question

Quizplus · Accepted Answer

Most contracts do not need to be in writing to be valid; only certain types, such as those involving real estate, must be in writing according to the Statute of Frauds.

Which of the Following Statements Is FALSE