Under the majority rule, the test under the one-year provision of the statute of frauds is whether it is likely that the contract will be completed within one year.

Question

Quizplus · Accepted Answer

The test under the one-year provision of the statute of frauds is whether the contract is capable of being completed within one year from the day after the contract is made, not whether it is likely to be completed within that timeframe.

Under the Majority Rule, the Test Under the One-Year Provision