Question

John orally agrees to loan Bill $10,000.00 for 6 months. The agreement to pay the loan back is not in writing. Bill refuses after 6 months to pay the loan back and tells John that he believes that John "gave" him the $10,000.00. John sues Bill. The trial court rules that the contract is within the Statute of Frauds and so requires the agreement to be in writing and dismissed the lawsuit. On appeal the appellate court should:

Answer 1

a. Reverse the trial court because the Statute of Frauds does not apply to these facts.

b. Affirm the trial court decision because the Statute of Frauds does apply to the facts in this case.

Step-by-step explanation:

The final exam is non-comprehensive and is weighted equally with the other exams. For example, if at the end of the semester there are four exams, all four-exam grades will be totaled and then divided by 4 to obtain an overall course grade for each student. There may be "pop quizzes" given periodically which may cause an adjustment in the student's final grade depending on the student's performance on such quizzes. The course grade is based on the following scale:

90-100= A

80-89= B

70-79= C

60-69= D

59 and less= F