The ________ requires certain contracts to be in writing and signed by the party against whom enforcement was sought.
A) part performance exception
B) common law of contracts
C) equal dignity rule
D) Statute of Frauds

Question

Quizplus · Accepted Answer

The requirement that certain contracts must be in writing and signed is known as the Statute of Frauds. This statute varies by jurisdiction, but generally requires written contracts for real estate, contracts that cannot be performed within one year, and contracts for the sale of goods over a certain amount. The other choices, part performance exception, common law of contracts, and equal dignity rule are all related to contract law, but do not specifically refer to the requirement for written contracts under the Statute of Frauds.

The ________ Requires Certain Contracts to Be in Writing and Signed