What is an example of a contract not to be performed within


A. What is the meaning of "Contracts not to be performed within 1 year"?

B. What is an example of a contract not to be performed within 1 year that could arise in the context of the PI business?

C. Is the following hypothetical scenario a valid sales contract under the Statue of Frauds - why or why not?

Scenario: Buyer purchased $1200 worth of paint from PI. Buyer paid in cash; PI gave Buyer a cash register receipt for the purchase.

Solution Preview :

Prepared by a verified Expert
Business Management: What is an example of a contract not to be performed within
Reference No:- TGS02826795

Now Priced at $10 (50% Discount)

Recommended (93%)

Rated (4.5/5)