When selling real estate, contracts must be in writing:
(a) If advised by the real estate agent.
(b) According to the Statute of Frauds
(c) Unless the deed is to be recorded
(d) If agreed to by the buyer and seller
Answer: (b) According to the Statute of Frauds
Business
You might also like to view...
A sporting apparel manufacturer that produces t-shirts to commemorate significant athletic achievements for proud students and alumni probably uses:
A) a fixed position layout. B) batch manufacturing. C) a continuous flow process. D) a production line.
Business
Which of the objectives listed below is not considered part of the internal control process?
A) Compliance with applicable laws and regulations B) The prevention of fraud and embezzlement C) Effectiveness and efficiency of operations D) Reliability of financial reporting
Business