Author Question: A party may make either an assignment or a delegation, but cannot make both an assignment and a ... (Read 87 times)

maychende

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A party may make either an assignment or a delegation, but cannot make both an assignment and a delegation simultaneously.
  Indicate whether the statement is true or false

Question 2

List the types of agreements that must be in writing according to the statute of frauds.



bimper21

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Answer to Question 1

FALSE

Answer to Question 2

Agreements requiring a writing within the statute of frauds include: (a) agreements for the sale of any interest in land; (b) agreements that cannot be performed within one year from the date of the agreement; (c) a promise to pay the debt of another; (d) a promise made by an executor of an estate; (e) a promise made in consideration of marriage; and (f) a contract for the sale of goods worth 500 or more. If the agreement does not have a writing sufficient to satisfy the statute of frauds, it is unenforceable.



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