business law 8

    i want to aswer this questions as WAC assignment in 7 to 8 pages
    Describe the contents of a writing that would be sufficient to satisfy the statute of frauds under the common law.
    List the kinds of contracts that require a writing under the statute of frauds.
    Identify the exceptions to the parol evidence rule and explain why some people might argue that the rule is not very effective.
    The McCartheys controlled Salt Lake City’s largest daily newspaperThe Salt Lake Tribunethrough their collective ownership of shares in the Kearns-Tribune (KT) Corporation a holding company for the newspaper. In 1997 KT merged with Tele-Communications Inc. (TCI). The McCartheys originally opposed the merger but later agreed to it. In 1999 TCI and AT&T merged and AT&T sold theTribuneto MediaNews in 2001. The McCartheys argue that according to an oral agreement reached in 1997 at the time of the original merger that they opposed the McCartheys have the opportunity to buy back theTribuneafter five years (in 2002) for a fair market price but that MediaNews tried to block any attempt at a sale. The McCartheys filed suit to enforce the oral agreement. MediaNews moved for a declaratory judgment that the McCartheys have no independent rights in theTribune.The district court granted the defendant’s motions as to all claims. The McCartheys appealed. Under what conditions would the McCartheys’ claim be successful? As a judge what evidence would help you decide whether the oral agreement constituted a valid contract? [MediaNews Group Inc. v. McCarthey494 F.3d 1254 (2007).

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