BU231 Lecture Notes - Lecture 8: Oral Contract, Fiduciary, Miscarriage
Document Summary
Statute of frauds: the need for written evidence of certain types of contract, certain types of contracts must be written in order for it to be enforceable. Legislation but must still be in writing to be enforceable: any contract related to marriage has to be in writing to be enforceable, ex. Including leases for land, buildings, parts of buildings arrangements: these can be oral. If it was void: the deposit would go back to bruce because the objective is to return everyone to its pre-contractual position. If it" unenforceable: to(cid:374)(cid:455) (cid:272)a(cid:374) sho(cid:449) that oral (cid:272)o(cid:374)tra(cid:272)t e(cid:454)ists a(cid:374)d that bru(cid:272)e breached it, and he can possibly get back. Consumer protection act: some agreements must be in writing (agreements under in excess of , writing must include such details as, detailed description of goods/services sold. Itemized purchase price: name, address and contact information of vendor, notice of statutory cancellation rights.
