We’re digging deep into the REG section of the CPA Exam with the latest free video lecture from Wiley CPAexcel on the Statute of Frauds. This is a complex topic and has a tendency to trip up a lot of CPA candidates.
Prof. Marianne Jennings of Arizona State University leads us through this important topic, explaining the times and excepts for a contract in writing.
After studying this lesson, you should be able to list the types of contracts that must be evidenced by a record in order to be enforceable, describe the exceptions to the Statute of Frauds, explain the requirements for a record of a contract, and define the parol (notice the spelling) evidence rule and how courts interpret the terms in contracts evidenced by a record.
Without further ado …
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