According to Wikipedia, "The Statute of Frauds refers to the requirement that certain kinds of contracts be made in writing and signed.
Traditionally, the statute of frauds requires a writing signed by the defendant in the following circumstances: Contracts in consideration of marriage. Contracts which cannot be performed within one year. Contracts for the transfer of an interest in land. Contracts by the executor of a will to pay a debt of the estate with their own money. Contracts for the sale of goods above a certain value. Contracts in which one party becomes a surety (acts as guarantor) for another party's debt or other obligation."
No comments:
Post a Comment