When the terms of the agreement make it impossible to perform the contract within one full year from the time the contract is entered into,there must be evidence in writing for it to be enforceable.

Question

Quizplus · Accepted Answer

This statement accurately describes the statute of frauds requirement for contracts that cannot be completed within one year. Such contracts must be in writing in order to be enforceable.

When the Terms of the Agreement Make It Impossible to Perform