Which of the following contracts is required to be in writing under the Statute of Frauds?
A) A contract for the purchase of a second-hand piece of home furniture from a consumer by
a consumer in the amount of $600
B) A contract for the sale of one piece of business equipment costing $700
C) A contract for the sale of two pieces of business equipment costing $300 each
D) A and B only
E) A, B, and C
E
You might also like to view...
Karen is interested in assessing a market segment's attractiveness by analyzing the market demand. Which of the following would be a variable should she assess?
A) number of companies B) ease of entry C) customer familiarity with her company D) market size E) access to channels that reach target customers
The procurement process for both direct and indirect materials should work on
A) improving coordination and visibility with the supplier. B) decreasing the transaction cost for each order. C) consolidation of orders to take advantage of economies of scale and quantity discounts. D) minimizing communication with the supplier.