Reference no: EM133298183

1. The SOF applies to all oral contracts.

True or False

2. An oral contract to sell land:

a. would never be enforceable.

b. would be enforceable if the buyer paid a substantial portion of the purchase price and took possession of the land or made improvements on the land.

c. would be enforceable if the buyer's main purpose in buying the land was to sell it within one year.

d. none of these.

3. Parol evidence is used to prevent any oral or written statement that is not contained in a subsequent written contract.

True or False

4. When parties enter into a written contract that they intend as a complete and final statement of their agreement, a court will not permit the use of evidence of prior or contemporaneous oral or written statements to add to, alter or contradict the terms of the written contract.

True or False

5. If a contract is partially integrated, parol evidence is admissible to prove consistent additional terms to the contract.

True or False