Ask Question
BusinessBusiness
23 April, 05:40

Which of the following contracts must be in writing to be enforceable? A contract between Lin and Charlie that Lin will rake Joe's yard for $50 next week; A contract to buy a house; A contract to buy a television for $250; A contract to buy a cup of coffee for $6.

+4
Answers (1)
  1. 23 April, 06:03
    0
    A contract to buy a house

    Explanation:

    A contract is an agreement that is legally binding and one that covers and enforce the duties and rights of parties to the agreement so made.

    A contract may be written or oral. A written contract is a contract that is documented while Oral contract is a contract spoken and agreed by word of mouth.

    The following are contracts that must be in writing in order to be enforceable;

    -Outstanding contracts after the demise of the parties to the contract

    -Marriage contract

    -Transfer or sale of land

    -Contract to repay other party's debt. i. e surety contracts.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following contracts must be in writing to be enforceable? A contract between Lin and Charlie that Lin will rake Joe's yard for ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The balance in the Colt Company's Cash account on August 31 was $19,700, before the bank reconciliation was prepared.
Answers (1)
Economic growth can be stimulated by: a. a decrease in the cost of energy. b. a decrease in productivity. c. an increase in deficit spending. d. a decrease in the factors of production. e. a decrease in the money supply.
Answers (1)
True or False: Beta testing is the act of implementing a new idea, system or product on a large scale, controlled environment within the entire organization.
Answers (1)
What is the difference between direct and indirect disruption?
Answers (1)
Ahmet purchased a stock for $45 one year ago. The stock is now worth $65. During the year, the stock paid a dividend of $2.50. What is Ahmet's total return?
Answers (1)
New Questions in Business
JRN Enterprises just announced that it plans to cut its dividend from $3.50 to $2.50 per share and use the extra funds to expand its operations.
Answers (1)
Sykora, Inc., which uses a predetermined overhead rate based on direct labor hours, estimated total overhead for the year to be $12,000,000 and total direct labor hours to be 320,000 hours. Calculate Sykora's predetermined overhead rate.
Answers (1)
Appalachian mountain goods has paid increasing dividends of $.10, $.12, $.15, and $.20 a share over the past four years, respectively.
Answers (1)
What type of skills tends to be equally important at all levels of management? a. technical skills b. human skills c. decisional skills d. motivation to manage e. conceptual skills
Answers (1)
Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $325,000, and its year-end receivables were $60,000. If its DSO is less than the 45-day credit period, then customers are paying on time.
Answers (1)
Home » Business » Which of the following contracts must be in writing to be enforceable? A contract between Lin and Charlie that Lin will rake Joe's yard for $50 next week; A contract to buy a house; A contract to buy a television for $250;
Sign Up Forgot Password?