Lara induces Moe to enter into a contract for the sale of an apartment about which Lara fraudulently misrepresents a number of material facts.Lara tells Moe that her commission is 6 percent,but their signed,written contract states "12 percent." The Statute of Frauds governs
A)contracts that are induced by fraud.
B)contracts that must be in writing to be enforceable.
C)the admissibility in court of oral evidence.
D)the merging of oral and written statements into one contract.

Question

Quizplus · Accepted Answer

The Statute of Frauds requires certain contracts to be in writing in order to be enforceable, and one of the specific requirements is that the written contract must accurately reflect the terms of the agreement. In this case, the fraudulently misstated commission rate could be considered a material term of the contract, and therefore the fact that the written contract states a different commission rate than the one discussed orally could be relevant in determining whether the contract is enforceable.

Lara Induces Moe to Enter into a Contract for the Sale