The Statute of Frauds states that all contracts that involve more than $1,000 must be in writing.

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The Statute of Frauds varies by state, but generally it requires certain types of contracts to be in writing (such as contracts for the sale of goods over $500, contracts for the sale of land, and contracts that cannot be performed within one year). However, the threshold amount for written contracts may differ depending on the state's laws.

The Statute of Frauds States That All Contracts That Involve