To be enforceable under the Statute of Frauds, their agreement must be in writing.
<h3>What Is the Statute of Frauds?</h3>
- The statute of frauds (SOF) is a legal principle that mandates the execution of certain types of contracts in writing.
- The Act applies to land contracts, agreements involving commodities valued more than $500, and contracts lasting one year or longer.
- The statute of frauds was largely established in the United States as a common law concept—that is, unwritten legislation.
- However, in many jurisdictions, such as most states, it has now been established by legislation.
- The defendant may invoke the statute of frauds as a defense in a breach of contract lawsuit when it applies.
- Indeed, they must frequently do so positively in order for the defense to be viable. In such a situation, the plaintiff bears the burden of proof.
To learn more about statute of frauds from the given link
brainly.com/question/14854791
#SPJ4
Answer:
A.
Explanation:
To building multinational flexibility, you must need the ability to manage risk and exploit opportunities arising from the diversity and volatility of the global environment.
You must understand and manage different forms of risk. Scan and respond to discontinuities in global environment. Also to select most attractive markets.
Localization pressures. There are:
-trade barries
-differences in technical standards
-unique distribution channels
-cultural differences (that impact product use)
-strong local/national
Answer:
The quantity demanded by consumers decreases as prices rise, then increases as prices fall.
Explanation:
Demand refers to the quantity of products and services that consumers are willing and able to buys at a specific price. A customer must afford to pay and is ready to buy the product or service for it to be considered to be in demand.
According to the law of demand, there is an inverse relationship between demand and the price of a product. Should the price increase, demand moves in the opposite direction. A decrease in price will lead to a rise in demand. Customers will afford a larger quantity than before. Potential customers who could not afford the product can now buy it, thereby increasing demand.
Answer: B. Land
Explanation: Just makes sense
