Part performance is an exception to the statute of frauds ...

[fox]

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]

Answer to Question 1

TRUE

Answer to Question 2

D