Asked by
Nolan Todas
on Nov 21, 2024
Verified
Regarding Alexandra's statement to the judge under oath that she orally agreed to sell the house, which of the following is true?
A) The statement has no effect because of the statute of frauds.
B) The statement would be excluded from consideration as parol evidence but only because it involved an amount in excess of $5,000.
C) The judge would be estopped from considering the evidence.
D) The statement would be classified as an admission and would establish an exception to the statute of frauds involving the agreement on the house.
E) The statement would be excluded from consideration because of the collateral interest rule.
Statute Of Frauds
A legal doctrine requiring certain contracts to be in writing and signed by the parties involved, to be enforceable.
Admission
The act of conceding to a point in an argument or acknowledging the truth of a claim, or the allowance into a place, organization, or institution.
- Determine situations not covered by the statute of frauds.
- Gain insight into the essential elements and necessities dictated by the statute of frauds.
- Determine and interpret the significance of admissions, partial performance, and promissory estoppel in the context of contract law.
Verified Answer
SC
Learning Objectives
- Determine situations not covered by the statute of frauds.
- Gain insight into the essential elements and necessities dictated by the statute of frauds.
- Determine and interpret the significance of admissions, partial performance, and promissory estoppel in the context of contract law.