Question 1

Beta Grocers orders by phone twenty cartons of canned beets from Carotene Food Packers,Inc.After ten cartons are delivered and accepted,Beta repudiates the contract.Carotene can enforce the contract to

Accepted Answer

Carotene can enforce the contract to the extent of the ten accepted cartons because Beta has already accepted 50% of the ordered cartons. Beta cannot repudiate the contract in its entirety after partially accepting the goods. However, since the contract was placed orally, it may be difficult to prove the terms of the agreement in court.

Question 2

Garden & Yard Landscaping enters into an oral contract with Penelope under which she agrees to work on a Garden & Yard project on Valley Country Club's golf course for sixteen months.The contract is enforceable by

Accepted Answer

The contract is not enforceable because it is an oral contract for a service that cannot be performed within one year, which violates the Statute of Frauds requiring such contracts to be in writing.

Question 3

Cody and Debora enter into an oral contract under which Cody agrees to work on Debora's ranch for not less than ten days.This contract is enforceable by

Accepted Answer

Either party can enforce this oral contract as it creates a mutual obligation between them. However, it may be difficult to prove the terms of the agreement without written evidence.

Question 4

Ewald and First Star Company enter into an oral contract under which Ewald agrees to provide delivery service for First Star for nine months.This contract is enforceable by

Accepted Answer

An oral contract can be enforceable under certain circumstances. In this case, both parties have agreed to the terms of the contract and there is a definite duration of the agreement. Therefore, either party can enforce the contract.

Question 5

Uri and Vicky orally agree on the sale of Uri's Nite Club to Vicky and note terms on a pair of the Club's napkins,which they both sign.A written memorandum evidencing an oral contract that would otherwise be unenforceable must contain

Accepted Answer

A written memorandum evidencing an oral contract only needs to contain the essential terms of the agreement, not every term, preliminary terms, or qualitative terms. The essential terms include the parties involved, subject matter, price, and any other important details necessary for the agreement to be enforceable.

Question 6

Ilsa and Jiffy Loan Company enter into an oral contract under which Ilsa agrees to pay Kyle's debt if he does not.Ilsa does not get any personal benefit from the agreement.This contract is enforceable by

Accepted Answer

The answer of Ilsa and Jiffy Loan Company enter into...

Question 7

Lem buys a used MP3 player for $50 and a new laptop for $1,500,and signs a one-year employment contract for a $4,000 monthly salary to start at the beginning of the next month.The Statute of Frauds covers

Accepted Answer

The answer of Lem buys a used MP3 player for...

Question 8

Elle buys a new textbook for $100 and a used car for $5,000,and signs a one-year lease for an apartment for $1,000 monthly rent to start at the beginning of the next month.The Statute of Frauds covers

Accepted Answer

The answer of Elle buys a new textbook for $100...

Question 9

Delta,Inc.,agrees to assume a debt of Evenflo Company to First State Bank.The agreement is not in writing.To be enforceable,the promise must be for the benefit of

Accepted Answer

For the promise to be enforceable without being in writing, it must be for the benefit of the promisor, Delta, under the "main purpose" or "leading object" rule.

Question 10

Pablo and Melia enter into an oral contract for Pablo's sale to Melia of a laptop computer for $400.Assuming the terms can be proved,the contract is enforceable by

Accepted Answer

An oral contract is enforceable as long as the terms can be proven, and both parties (the seller and the buyer) are bound by it. The manufacturer of the laptop and any third party who overheard the agreement would not be legally bound by the contract.

Question 11

Natalie agrees to assume Orina's debt to Consumer Credit Corporation.Natalie does not get any personal benefit for the agreement.To be enforceable,the promise must be in writing if the debt is for

Accepted Answer

The answer of Natalie agrees to assume Orina's debt to...

Question 12

Chocolate Bites,Inc.,and Delite Distribution,Inc.,sign a written contract for a sale of goods.To be enforceable,this written contract must include

Accepted Answer

Under the Uniform Commercial Code (UCC), a written contract for the sale of goods must include a quantity term to be enforceable.

Question 13

Clay buys an MP3 player for $200 and a pair of stereo speakers for $600 from a Discount City store,and downloads $300 worth of digital music from E-Music.com.To be enforceable,the contract that must be in writing is the purchase of

Accepted Answer

The answer of Clay buys an MP3 player for $200...

Question 14

Nori files a suit against Mica to enforce an oral contract for the sale of lakeshore property that would otherwise be unenforceable under the Statute of Frauds.The court could enforce the deal if

Accepted Answer

The doctrine of promissory estoppel could apply if Nori can prove that she relied on Mica's promise to her detriment. In such a case, the court might enforce the oral contract even though it is otherwise unenforceable under the Statute of Frauds. Option B is not relevant, as Mica's denial of the contract's existence alone is insufficient to make it enforceable. Option C and D are also irrelevant, as they do not relate to the issue of promissory estoppel or detrimental reliance.

Question 15

Fitch agrees to assume Gandy's debt to Hybrid Seed Corporation.Fitch does not get any personal benefit for the agreement.To be enforceable,the promise

Accepted Answer

The promise of Fitch to assume Gandy's debt to Hybrid Seed Corporation falls under the Statute of Frauds which requires written evidence for agreements that involve assuming the debt of another person, regardless of the value or duration of the debt. Therefore, the promise must be in writing to be enforceable.

Question 16

Mei orally promises Nester that she will buy his fishing trawler for $10,000.Before either party acts in reliance on this promise,under the doctrine of promissory estoppel,the transaction is enforceable by

Accepted Answer

Under the doctrine of promissory estoppel, a promise is enforceable only if the promisee has relied on it to their detriment. Since neither party has acted in reliance on the promise, the transaction is not enforceable.

Question 17

Little's Video Store and Major TV Sales Corporation enter into an oral contract for Major's sale to Little's of eighteen DVD players for $80 each.After Little's takes possession of the players,but before it makes payment,this contract is

Accepted Answer

While a contract for the sale of goods for $500 or more typically requires a written agreement in order to be enforceable under the Statute of Frauds, it appears that this contract is already partially performed (Little's has taken possession of the DVD players), which would take it outside the scope of the Statute. As a result, the contract is likely enforceable regardless of whether it was oral or in writing.

Question 18

Ollie buys a cup of coffee for $2,a magazine for $5,and a cellphone for $600.The requirement of a writing for the enforceability of a contract for a sale of goods at a certain price or more is governed by

Accepted Answer

The requirement of a writing for the enforceability of a contract for the sale of goods at a certain price or more is governed by the Uniform Commercial Code (UCC). The UCC establishes rules and regulations for commercial transactions, including the sale of goods. The UCC requires a writing to be enforceable when the sale of goods is for $500 or more. Therefore, as the purchase involves the sale of goods (a magazine and a cellphone) of a total value exceeding $500, the UCC would be applicable in determining the enforceability of the contract.

Question 19

Theo and Uma orally agree on the sale of Theo's Fitness Center to Uma and note the terms on a sheet of the center's letterhead stationery,which only Theo signs.This agreement is most likely enforceable against

Accepted Answer

The agreement is only signed by Theo, therefore it is only enforceable against him. Uma did not sign the agreement and therefore is not bound by its terms. It is always recommended to have written agreements signed by all parties involved in order to avoid any confusion or misunderstandings.

Question 20

Reel Graphics,Inc.,agrees to assume a debt of Suave Marketing Company to Town Credit Union.This promise is for Reel's benefit.To be enforceable,the promise

Accepted Answer

The promise need not be in writing because it is for Reel's benefit.

Quiz 14: The Statute of Fraudswriting Requirement