If the life of an agreement is indefinite and could be completed within a year,the agreement need not be in writing to be enforceable.

Question

Quizplus · Accepted Answer

According to the Statute of Frauds, only contracts that cannot be performed within one year from its creation must be in writing to be enforceable. If an agreement is indefinite but could potentially be completed within a year, it does not need to be in writing.

If the Life of an Agreement Is Indefinite and Could