Asked by Juleny Degollado on May 04, 2024
Verified
Which of the following contains all the elements of a written agreement that can be enforceable under law?
A) "Henry Shay agrees to purchase hand-knit sweaters for $45 apiece.Signed,Henry Shay."
B) "Silvie Nader and Henry Shay are parties involved in this contract for the purchase of hand-knit sweaters on Wednesday,June 17.Signed,Henry Shay and Silvie Nader."
C) "Silvie agrees to mail six hand-knit sweaters,at $45 apiece,to the house on Wednesday,June 17.Signed,Silvie Nader."
D) "Full Agreement by Henry Shay and Silvie Nader.Henry agrees to purchase from Silvie six of Silvie's hand-knit sweaters at $45 each.Signed,Silvie Nader,and Henry Shay."
Written Agreement
A documented pact between two or more parties, which is enforceable by law, detailing the terms and conditions of a particular transaction or arrangement.
Hand-Knit Sweaters
Apparel created by interlocking yarn with knitting needles, entirely crafted by hand.
- Appreciate the scenarios where the Statute of Frauds necessitates certain contracts to have written proof for enforcement.
Verified Answer
BJ
Bradley JacksonMay 08, 2024
Final Answer :
D
Explanation :
Choice D contains all the elements of a written agreement that can be enforceable under law, including the identification of the parties involved, the specific terms of the agreement, and their signatures indicating their consent to the terms. Choices A, B, and C are missing important elements such as a clear statement of the terms and conditions of the agreement, and the signatures of both parties indicating their agreement to those terms.
Learning Objectives
- Appreciate the scenarios where the Statute of Frauds necessitates certain contracts to have written proof for enforcement.
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