Difference between revisions of "Statute of Frauds"
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(New page: The '''Statute of Frauds''' is a state law requiring that certain contracts be in writing in order to be enforceable. The purpose is to prevent fraudulent claims of an oral contract that ...) |
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| − | The '''Statute of Frauds''' is a state law requiring that certain | + | The '''Statute of Frauds''' is a state law requiring that certain [[contract]]s be in writing in order to be enforceable. The purpose is to prevent fraudulent claims of an oral contract that never existed, and to reduce disputes over the terms of oral contracts that did exist. |
[[category:legal terms]] | [[category:legal terms]] | ||
Revision as of 17:38, September 28, 2007
The Statute of Frauds is a state law requiring that certain contracts be in writing in order to be enforceable. The purpose is to prevent fraudulent claims of an oral contract that never existed, and to reduce disputes over the terms of oral contracts that did exist.