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Swiftline Trucking, Inc., and Trailer Rents Corporation are parties to an oral agreement for a one-year lease of six doublewides with payments totaling more than $40,000. They may satisfy the Statute of Frauds by:
a. repeating the terms in a phone call.b. shaking hands on the deal.c. setting out the terms in a memo.d. mutually agreeing not to commit fraud

Respuesta :

Answer:

C. Setting out the terms in a memo

Explanation:

According to the statute of frauds , any agreements that made by individuals must be kept in some sort of writing , audios, or videos.

This statute was created to determine accountability in case the agreement fail to be met. Without any writing , audios, or videos, it would be impossible for the court to determine the truth due to the lack of evidence.

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