This topic contains a solution. Click here to go to the answer

Author Question: Identify and explain at least four situations where a written contract is either necessary or ... (Read 34 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
Identify and explain at least four situations where a written contract is either necessary or recommended.

Question 2

To use the concept of impossibility of performance as an excuse for nonperformance of a contract requires that the performance be objectively impossible.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kjo;oj

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1


There are times when you should definitely sign a written agreement:



a. The Statute of Frauds requires it.
b. The deal is crucial to your life or the life of your business.
c. The terms are complex.
d. You do not have an ongoing relationship with the other party.


Answer to Question 2

TRUE




V@ndy87

  • Member
  • Posts: 571
Reply 2 on: Jun 24, 2018
Wow, this really help


jamesnevil303

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

For a complete list of videos, visit our video library