Which of the following is true regarding noncompliance with the statute of frauds?
A) The doctrine of promissory estoppel cannot displace the requirement of a writing under a statute of frauds.
B) The statute of frauds applies to executed and executory contracts.
C) The basic legal effect under the statute of frauds and the UCC differs.
D) A party to a contract which was unenforceable because of the statute of frauds but who relied upon the contract may recover in restitution the benefits he conferred on the other party.

Question

Quizplus · Accepted Answer

A party who relied on a contract that is unenforceable due to the statute of frauds may recover in restitution for benefits conferred, as this prevents unjust enrichment.

Which of the Following Is True Regarding Noncompliance with the Statute