1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
melisa1 [442]
3 years ago
9

2. Oral contracts for the sale of land fall under the Statute of Frauds, but under what circumstance might a court enforce such

a contract?
Business
2 answers:
Vikki [24]3 years ago
6 0

Answer:

Oral contracts for the sale of land can be enforceable if the buyer paid part of the cost of the land, has taken possession and made permanent improvement to the land.

Explanation: A contract is an agreement either written or spoken that is intended to be enforceable by law.

Oral Contracts represents spoken agreements. In the case of the possession of a land, it is considered fraudulent. However, it can be enforceable by law if the buyer paid a part of the price, has taken possession and permanently done some improvements on the land.

gladu [14]3 years ago
5 0

Answer:

The correct answer is letter "C": If the buyer paid part of the price, taken possession, and made permanent improvements to the land.

Explanation:

The Statute of Frauds or SoF mostly applies to the sales of lands and requires contracts to be written. Some of those contracts include <em>promises on marriages, incomplete contracts that last less than one year, land contracts, </em>and <em>promises on estate's debts.  </em>

<em> </em>

When talking about land contracts, <em>if there is an oral contract and the individual purchasing the land took possession of the property and made permanent improvements the SoF can be enforced.</em>

You might be interested in
Through effective ______, people can successfully resolve conflicts and create positive change. problem-solving strategies manag
DerKrebs [107]

People can successfully resolve conflicts and create positive change through effective communication.

<h3>What is communication?</h3>

Communication refers to the process of sending across message from the sender to the receiver. It is the act of transfering information from one person to another

Various means of communications are:

  • Fax
  • Telex
  • Email
  • Phone

Hence, people can successfully resolve conflicts and create positive change through effective communication.

Learn more about communication here : brainly.com/question/26152499

8 0
2 years ago
The​ company, suppliers,​ distributors, and customers who open double quote partnerclose double quote with one another to improv
Tpy6a [65]
<span>The​ company, suppliers,​ distributors, and customers who open double quote partner close double quote with one another to improve the performance of the entire system make up the value delivery network.</span>
4 0
3 years ago
Releasing more information, in a common-value auction is a. ​Good for the bidders because it reduces the risk that they face b.
neonofarm [45]

Answer:

d. ​Both A&B

Explanation: Auction is a term used in the field of marketing or trading of goods where bidders are allowed to make bids(amount which they intend to pay for a given product) the Product can either be an Artwork or other goods like furniture,Cars, clothes etc.

A common value auction is a type of auction where certain information about the value of a product are available to some bidders and other sets of bidders have other information about the value.

DISPLAYING INFORMATION ABOUT A COMMON VALUE AUCTION IS GOOD FOR THE BIDDERS AS IT REDUCES THE RISK THEY FACE ESPECIALLY BEFORE BUYING THE PRODUCT AND FOR THE AUCTIONEER AS IT HELPS TO ATTRACT MORE BIDDERS.

3 0
3 years ago
Adventure Holidays sells thousands of tour packages each month through its branches. A branch manager's salary would be a(n) ___
goblinko [34]

Answer:

Indirect cost

Explanation:

Indirect costs are costs that are not directly accountable to a cost object (such as a particular project, facility, function or product). Indirect costs may be either fixed or variable.

4 0
3 years ago
Read 2 more answers
For each separate case, record the necessary adjusting entry. On July 1, Lopez Company paid $1,200 for six months of insurance c
kenny6666 [7]

Answer:

Explanation:

The adjusting entries are shown below:

1. Insurance expense A/c Dr $1,200

         To Prepaid insurance A/c             $1,200

(Being prepaid insurance is adjusted)

2. Supplies expense A/c Dr $6,200

        To supplies A/c                             $6,200

(Being supplies adjusted)

The supplies at the end of the year is computed below:

= Supplies account balance + purchase of supplies - available  supplies

= $5,000 + $2,000 - $800

= $6,200

5 0
3 years ago
Other questions:
  • A salesman receives a fixed salary of $500 per week. In addition he is paid 12% of all sales over $1000. Write the formula that
    5·1 answer
  • The formal written document identifying the criminal charge, the date and place where the crime occurred, and the circumstances
    6·1 answer
  • Supply and demand for a product are both a linear function of price. Suppose that if a price of $8 is charged, 8 units will be d
    15·1 answer
  • Please help me ASAP.<br> ..............
    10·1 answer
  • A systematic process of assessing opportunities and resources, determining marketing objectives, and developing a marketing stra
    6·1 answer
  • Question 5 (60 points)
    14·1 answer
  • Economists group commercial​ banks, savings and loan​ associations, credit​ unions, mutual​ funds, mutual savings​ banks, insura
    5·1 answer
  • Senff Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activi
    6·1 answer
  • Which of the following is generally true about savings vehicles
    15·2 answers
  • In January, Gamma Company sold 2,000 units of its product at a price of $20 per unit. Its COGS (cost of goods sold) for January
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!