Which of the following is true about the Statute of Frauds?
A) The Statute of Frauds requires that all major terms of a contract must be written and signed by all parties to the contract.
B) The Statute of Frauds requires the seller to provide the buyer with a signed invoice upon delivery of goods.
C) The Statute of Frauds only applied to merchants.
D) The Statute of Frauds is a defense to the "Battle of the Forms"
E) The Statute of Frauds requires certain contracts to be in writing and signed by the party against whom enforcement is sought.

Question

Quizplus · Accepted Answer

The Statute of Frauds requires certain contracts to be in writing and signed by the party against whom enforcement is sought. This includes contracts for the sale of goods over a certain value, contracts that cannot be performed within one year, and agreements to pay the debt of another person. It is not limited to merchants, and does not require all major terms of a contract to be written and signed. It is also not related to providing a signed invoice upon delivery of goods, and is separate from the "Battle of the Forms" doctrine.

Which of the Following Is True About the Statute of Frauds