Friday, 29 May 2020

Question - If the defense of the Statute of Frauds is raised, a licensee would be unable to enforce collection of a commission if he:

Written by Posted On Sunday, 13 October 2019 05:00

(A) Leases real property for 7 months
(B) Sells real property with written authorization
(C) Sells a business opportunity without written authorization
(D) Exchanges real property with verbal authorization only


Answer:  (C)  Any contract for selling or exchanging of real property must be in writing. The sale of personal property does not require written authorization.

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