BLW 6.1

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Author:
dresmoneybags
ID:
273387
Filename:
BLW 6.1
Updated:
2014-05-06 01:58:38
Tags:
Business Law
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Description:
Business Law
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  1. 6.1  Ready v. Ebsen
    • The contract was not in writing.
    • There must be a contact in writing for purchasing land.
  2. Three people requirements for a guarantee:
    • Creditor
    • Debtor
    • Guarantor
  3. 6.1  There was only an oral agreement
    State court cases, alleged contract
  4. 6.1  Statue of Fraud (Prevention)
    In this case the Fraud Prevention was for the purchase of the land, since it was not in writing the contract was made void.

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