Chapter 16 Quiz

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Question #1

Under the Statute of Frauds, a contract involving an interest in land must be in writing to be enforceable.

A TRUE

B FALSE

Question #2

A party’s signature must be at the end of a writing for the writing to constitute an enforceable contract.

A FALSE

B TRUE

Question #3

A party who seeks the performance of an oral contract must prove that the contract existed.

A FALSE

B TRUE

Question #4

An oral contract that should be in writing to be enforceable under the Statute of Frauds may be enforceable if it has been partially performed.

A TRUE

B FALSE

Question #5

The purpose of the Statue of Frauds is to ensure that, for certain types of contracts, there is reliable evidence of the contracts and their terms.

A TRUE

B FALSE

Question #6

To clarify the terms of a written contract, a court will admit any parol evidence.

A TRUE

B FALSE

Question #7

Hardware Store Company and Indestructible Tools Inc. sign a written contract for a sale of goods. To be enforceable, this written contract must include

A a date, such as “October 2019” or “10/2019.”

B a quantity term, such as “50 hammers” or “100 boxes of assorted nails.”

C a correct title, such as “Purchase Order” or “Sales Invoice.”

D the parties’ contact information.

Question #8

Any confirmation, invoice, sales slip, check, or e-mail may constitute a writing that satisfies the Statute of Frauds.

A TRUE

B FALSE

Question #9

Merl buys a tablet for $500, running shoes for $200, and a set of the Game of Crowns books for $100. To be enforceable as a contract, a writing is required for the purchase of

A the books, the shoes, and the tablet.

B the tablet only.

C the books only.

D the shoes and the tablet only.

Question #10

Air Flo, Inc., and Banyan Grove Apartments enter into an oral contract in which Air Flo agrees to provide air-conditioning and heating maintenance for Banyan Grove’s facilities for two years. This contract is enforceable by

A Air Flo.

B any third party, such as a HVAC supplies provider.

D Banyan Grove.

E none of the choices.

Question #11

Rye agrees to sell his Taco Delight restaurant to Sati. The parties intend their written contract to be a final statement of the terms of their agreement. Later, the parties dispute some of the provisions. In litigation, Sati offers evidence to contradict the written terms. Most likely, the court will

A strike a balance between the evidence and the written terms.

B dismiss the case.

C exclude the evidence.

D reform the written terms to match the evidence.

Question #12

A contract must be in writing to be enforceable if it cannot by its terms be performed within one year from the day after the contract’s formation.

A TRUE

B FALSE

Question #13

Parol evidence can be introduced at trial to correct an obvious clerical error in a contract if the error clearly does not represent the parties’ agreement.

A TRUE

B FALSE

Question #14

Blake and Carla sign a contract for the sale of Blake’s Bakery to Carla. The parties intend their written contract to be a final statement of most, but not all, of the terms of their agreement. In a dispute between the parties, with respect to the terms, a court is most likely to admit evidence that is

A ambiguous.

B clear.

C contradictory.

D consistent.

Question #15

Quinn and Ruth orally agree on the sale of Seafood Shippers Inc. and jot down the terms on the back of one of Seafood’s blank invoices, which they both sign. A written memorandum evidencing an oral contract that would otherwise be unenforceable must contain

A all terms.

B the quality terms.

C the preliminary terms.

D the essential terms.

Question #16

An oral sales contract for goods priced at less than $500 is unenforceable.

A TRUE

B FALSE

Question #17

To be enforceable, a contract that is required to be in writing must include

A the signature of the party against whom enforcement is sought.

B the signatures of all of the parties to the agreement.

C the signature of the party who is seeking enforcement.

D no particular signatures.

Question #18

An oral contract that would otherwise be unenforceable under the Statute of Frauds will not be enforced under the doctrine of promissory estoppel.

A TRUE

B FALSE

Question #19

An agreement subject to the writing requirement must be written on paper.

A FALSE

B TRUE

Question #20

To cater a holiday banquet, Food Service LLC agrees to buy one hundred pumpkin pies from Great Desserts Inc. To be enforceable, the agreement must be in writing if the pies cost at least

A $499.

B $500.

C $250.

D $100.

Question #21

Grain Co-op LLC and Hearty Cereals Inc. discuss the terms of a contract for deliveries of corn over a two-year period. This transaction falls within the provision of the Statute of Frauds involving

A collateral promises.

B all of the choices.

C the one-year rule.

D transfers of interests in real property.

Question #22

A contract for the sale of land does not ordinarily include physical objects attached to the real property, such as buildings, fences, and trees.

A FALSE

B TRUE

Question #23

A memorandum evidencing an oral contract must contain every term of the deal to be enforceable.

A TRUE

B FALSE

Question #24

Lumber LLC files a suit against Mill Company to enforce an oral contract that would otherwise be unenforceable under the Statute of Frauds. The court could enforce such a contract if

A the deal does not involve customized goods.

B Mill denies the existence of any contract.

C Lumber foreseeably and justifiably relied on Mill’s promise.

D neither party has begun to perform.

Question #25

In an effort to prevent fraud, the Statute of Frauds denies enforceability to certain contracts that do not comply with its requirements.

A TRUE

B FALSE

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