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UCC Statute of Frauds: Merchants & Signature

The statute of frauds requires that certain types of contracts be in a writing signed by the party sought to be charged. The general rules regarding the statute of frauds differ when the contract involves merchants and pertains to the sale of goods. When only one party is a merchant, and the contract for the […]

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Statute of Frauds — When Contracts Need to be in Writing

When do contracts need to be in writing? Under Missouri law, the answer lies in statutory section 432.010: No action shall be brought to charge any executor or administrator, upon any special promise to answer for any debt or damages out of his own estate, or to charge any person upon any special promise to […]

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