Business Law Final Exam Questions
1. Parol evidence rule. What that be an exclusionary rule of evidence? FALSE 2. Does the statue of frauds generally require that both parties have to sign the writing? TRUE 3. Is a collateral promise an undertaking to be primarily liable for the principle debtor’s debt? TRUE 4. Suppose we have an employment agreement with K and A promises to work for K for the rest of his life, must this promise be in writing to be enforceable? FALSE 5. B sends f a letter offering to sell f’s car for 2500, f writes back he’ll take it, must they now get together and write a memorandum because this sale is for goods over $500? TRUE 6. .............................
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- 8 september 2023
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business law final exam