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kotykmax [81]
3 years ago
8

Jim agrees orally with West Bank to guarantee a loan that West Bank will make to Susan to purchase an existing restaurant upon S

usan's agreement to pay Jim 10% of the gross revenues for two years. All parties orally agree. Jim's guaranty agreement with West Bank is unenforceable under the Statute of Frauds.A. Trueb. False
Business
1 answer:
andrew-mc [135]3 years ago
5 0

Answer: false

Explanation:

The statute of frauds requires some specific contracts types to be executed in writing. According to the statute, the contracts covered include agreements that involve goods worth over $500,

contracts for land sale, and also contracts that last for either one year or more.

Based on the scenario above, it is false as Jim's guaranty agreement with West Bank is enforceable under the Statute of Frauds

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When there is an increase in the current account deficit, this will place <u>downward pressure</u> on the home currency value and other things equal.

<h3>What is a deficit in current account?</h3>

A deficit in current account happens when total value of goods and services a country imported exceeds the total value of goods and services exported.

Hence, in that situation where there is an increase in the current account deficit, this will place <u>downward pressure</u> on the home currency value and other things equal.

Therefore, the Option D is correct.

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<em>brainly.com/question/25916626</em>

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Zepler [3.9K]

Answer:

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Homework aims s to help students to strengthen what they learned in class and also to gather extra information beyond what is thought and integrate them into their everyday lives.

Concentration is not included to the type of homework.

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