The statute that requires contracts to be in writing is which of the following?
A)The statute of limitations
B)The statute of frauds
C)UCITA
D)None of the above

Question

Quizplus · Accepted Answer

The statute that requires contracts to be in writing is the statute of frauds. It provides that certain contracts, such as those for the sale of goods over a certain amount or contracts that cannot be performed within one year, must be in writing to be enforceable. The statute of limitations sets the time limit for bringing a lawsuit, and UCITA (Uniform Computer Information Transactions Act) is a model law governing software licensing and electronic contracts, but it does not specifically require contracts to be in writing.

The Statute That Requires Contracts to Be in Writing Is