Author Question: Part performance is an exception to the statute of frauds requirements for land sales contracts to ... (Read 144 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?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

For a complete list of videos, visit our video library