When the statute of frauds applies and there is no written proof of the contract, the contract is:
A) void.
B) enforceable if there are two credible witnesses.
C) voidable by a party who has not signed.
D) illegal.

Question

Quizplus · Accepted Answer

When the statute of frauds applies, a contract must be in writing to be enforceable. If the contract is not in writing, it is generally considered voidable by any party who has not signed the agreement. In some situations, the contract may still be enforced if there are two credible witnesses who can testify as to its terms, but this is not a reliable or recommended option. The contract is not automatically void or illegal simply because it is not in writing, but it may be unenforceable.

When the Statute of Frauds Applies and There Is No