Author Question: What types of contracts are covered by the statute of frauds? What will be an ideal ... (Read 65 times)

anshika

  • Hero Member
  • *****
  • Posts: 510
What types of contracts are covered by the statute of frauds?
 
  What will be an ideal response?

Question 2

Which of the following is NOT something a paralegal can do with respect to contracts?
 
  A) spot issues in them B) review them
  C) draft them D) advise clients about them



coyin

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

Under the Restatement (Second) of Contracts  110, the following classes of contracts are covered by the statute of frauds:
1 . a contract of an executor or administrator to answer for a duty of his or her decedent (the executor-administrator provision);
2 . a contract to answer for the duty of another (the suretyship provision);
3 . a contract made upon consideration of marriage (the marriage provision);
4 . a contract for the sale of an interest in land (the land contract provision); and
5 . a contract that is not to be performed within one year from the making thereof (the one-year provision).

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

For a complete list of videos, visit our video library