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Author Question: Part performance is an exception to the statute of frauds requirements for land sales contracts to ... (Read 143 times)

fox

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on: Jun 24, 2018
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

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

D


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