Which statement about the statute of frauds is true? OA. All contracts must be in writing...

Question

Question

business finance

Answer 1

Answer #1

A) Wrong. Only certain type of contracts must be in writing

B) Correct. Sale of goods contract worth $500 or more must be in writing

C) Wrong. all sale of land contracts must be written down

D) Wrong. Writing required for contracts that cannot be completed with in one year

Answer 2

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