A written contract or agreement that is sometimes called a_____ is required to satisfy the Statute of Frauds.
A) draft.
B) brief.
C) synopsis.
D) memorandum.

Question

Quizplus · Accepted Answer

A written contract or agreement that is sometimes called a memorandum is required to satisfy the Statute of Frauds. The memorandum must contain all the essential terms of the agreement, including the identities of the parties, the subject matter of the contract, and the price or consideration to be paid. It must also be signed by the party to be charged or their authorized agent. This requirement helps to prevent fraud and misunderstandings in contractual relationships.

A Written Contract or Agreement That Is Sometimes Called A_____