CLEP Business Law

Category - Contracts

Which of the following would satisfy the signature requirement of the Statute of Frauds?
  1. Signing the contract with an "X."
  2. Signing the contract illegibly.
  3. Printing the name.
  4. All of the above.
  5. None of the above.
Explanation
Answer: D. Signing the contract with an "X", signing a contract illegibly, and printing a name all satisfy the signature requirement of the Statute of Frauds. The purpose of a signature is to authenticate a document and the party to be charged with the document's obligations. As long as the signature or mark on the document is meant to authenticate it, the mark satisfies the signature requirement.
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