Asked by
11th SWCA-65 Katelyn M Halter
on Nov 27, 2024
Verified
A contract must be in writing to be enforceable if it cannot by its terms be performed within one year from the day after the contract's formation.
Written
Something that is expressed or communicated in the form of documentable characters, letters, or symbols.
Performed
Executed or carried out an action or task according to specified procedures or requirements.
- Separate contracts into categories of those that must be in written form and those that can be oral, in line with the Statute of Frauds.
- Ascertain the kinds of contracts mandated to adhere to the Statute of Frauds.
Verified Answer
MP
Learning Objectives
- Separate contracts into categories of those that must be in written form and those that can be oral, in line with the Statute of Frauds.
- Ascertain the kinds of contracts mandated to adhere to the Statute of Frauds.