Question

Marta buys a candy bar for $5 and signs a contract for delivery of fresh flowers to her mother's nursing home every week for the rest of her mother's life. She then enters into a contract to assume George's debt to FastCars Dealership. Marta receives no personal benefit from assuming George's debt. The Statute of Frauds covers:________.

a. the candy purchase only.
b. the candy purchase and the delivery contract only.
c. the contract to assume George's debt only.
d. the contract to assume George's debt and the delivery contract only

Answer 1

c. the contract to assume George's debt only.

Step-by-step explanation:

Fraud: is when someone deliberately lie in order to have upper hand or gain advantage over the other person or party in business to generate more profit, the is commonly known as cheating.

Contract fraud: This is when someone deliberately make a false statement to trick or deceive another person or party in business into signing a contract.

In this case, Marta's assumption of George's debt to enter a contract is a false statement to trick FastCars Dealerships into agreeing a contract with her. The signing of contract for the delivery of fresh flowers to her mother's nursing home every week for the rest of her mother's life is an agreement and not a fraud.

Answer 2

the contract to assume George's debt only.

Step-by-step explanation:

The statute of fraud is the requirement that certain contracts be put in writing and signed by the party to be charged. For example in contracts of consideration of marriage prenuptial agreements are covered.

In this instance Marta enters into a contract to assume George's debt to FastCars Dealership. Marta receives no personal benefit from assuming George's debt.

The statute of frauds covers for this.