Which of the following is a type of contract that does not fall within the scope of the statute of frauds?
A) Contracts related to an interest in land
B) Promises made in consideration of marriage
C) Contracts related to any lease of land-related equipment
D) Contracts whose terms prevent possible performance within one year
E) Contracts for one party to pay the debt of another if the initial party fails to pay

Question

Quizplus · Accepted Answer

Contracts related to any lease of land-related equipment do not necessarily fall within the scope of the statute of frauds unless they are for a period longer than one year. The statute of frauds typically requires certain types of contracts to be in writing to be enforceable, including those related to an interest in land, promises made in consideration of marriage, contracts that cannot be performed within one year, and contracts for one party to pay the debt of another. However, leases of land-related equipment are not inherently within these categories unless specified conditions (like duration) bring them under the statute's requirements.

Which of the Following Is a Type of Contract That