In: Finance
Match Column A with Column B
1) Guarantor of another's debt primary wants to benefit him/herself | a) Party detrimentally relies on oral promise |
2) Contract that cannot be performed within one year | b) Indicates a contract between the parties, indicates quantity, and is signed by the party to be charged |
3) Promissory estoppel exception | c) A promise to pay another's debt, grant of an interest in land, a contract that cannor be performed in one year, and sale of goods of $500 or more |
4) Equirable estoppel exeception | d) Writing that satisfies statute but is not signed by the party to be charged |
5) Sufficient writing required by the Code | e) Written contract is final but not the complete agreement |
6) Confirmation between merchants | f) Confirmation between merchants, specially manufactured goods, judicial admissions, performance |
7) Parol evidence rule | g) leading object rule |
8) partial integration | h) eliminates prior or contemporaneous evidence that varies, contradicts, or modifies a written contract |
9) contracts granting interest in land | i) part or full performance by one party |
10) merger or integration clause | j) two-year employment contract |
11) code exceptions to the statute of frauds | k) "This is the parties entire agreement" |
12) Contracts within the statute of frauds clause | l) easement, mortgage, lease for more than a year |
Column A | Correct Match |
) Guarantor of another's debt primary wants to benefit him/herself | g) leading object rule |
2) Contract that cannot be performed within one year | f) Confirmation between merchants, specially manufactured goods, judicial admissions, performance |
3) Promissory estoppel exception | a) Party detrimentally relies on oral promise |
4) Equirable estoppel exeception | d) Writing that satisfies statute but is not signed by the party to be charged |
5) Sufficient writing required by the Code | j) two-year employment contract |
6) Confirmation between merchants | b) Indicates a contract between the parties, indicates quantity, and is signed by the party to be charged |
7) Parol evidence rule | h) eliminates prior or contemporaneous evidence that varies, contradicts, or modifies a written contract |
8) partial integration | e) Written contract is final but not the complete agreement |
9) contracts granting interest in land | l) easement, mortgage, lease for more than a year |
10) merger or integration clause | k) "This is the parties entire agreement" |
11) code exceptions to the statute of frauds | i) part or full performance by one party |
12) Contracts within the statute of frauds clause | c) A promise to pay another's debt, grant of an interest in land, a contract that cannor be performed in one year, and sale of goods of $500 or more |