1. Explain the rationale behind the general Common Law rule stating that an agreement in writing may be terminated by a subsequent verbal agreement. Is this always the case, or is it subject to exception?

2. What are the legal implications of failing to comply with the requirements of writing under the Statute of Frauds or other equivalent provisions?

3. Distinguish a guarantee from an indemnity. How does the Statute of Frauds affect these two relationships?

4. Explain the doctrine of part performance and the rationale behind the establishment of the doctrine as a means of avoiding the Statute of Frauds.

5. Describe the minimum requirements for a written memorandum under the Statute of Frauds or other equivalent provisions.