Author Question: Part performance is an exception to the statute of frauds requirements for land sales contracts to ... (Read 135 times)

fox

  • Hero Member
  • *****
  • Posts: 540
Part performance is an exception to the statute of frauds requirements for land sales contracts to be in writing.
  Indicate whether the statement is true or false

Question 2

Which of the following is true of an auction sale?
 A) A sale by auction for any amount is not valid if it is made orally.
 B) When an auctioneer makes and signs a memorandum of the sale, it binds only the bidder.
 C) Goods can only be offered for sale without reserve.
 D)There is no contract until and unless an auctioneer accepts a bidder's offer.



parshano

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

TRUE

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

For a complete list of videos, visit our video library