Which of the following is an incorrect statement 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 the English Act for the Prevention of Frauds and Perjuries
E)All contracts must be in writing in order to be enforced.

Question

Quizplus · Accepted Answer

Only specific types of contracts fall within the statute of frauds and thus are required to be evidenced in writing.

Which of the Following Is an Incorrect Statement Regarding Written