The concept of performance has no effect on the statute of frauds.

Name: The concept of performance has no effect on the statute of frauds.
Brand: Quizplus
Rating: 5.0 (40 reviews)

Question

Quizplus · Accepted Answer

The concept of performance can affect the applicability of the statute of frauds, as certain performances (such as the delivery of goods or payment) may fulfill the requirements of the statute, thereby negating the need for a written contract for the agreement to be enforceable.

The Concept of Performance Has No Effect on the Statute