Under the statute of frauds, the one year rule states
A) Contracts that cannot be completed within a year must also be notarized
B) Contracts that may take over a year to complete must be in writing
C) Contracts that may take under a year to complete must be in writing
D) Contracts that by their very terms cannot possibly be completed within a year must be in writing

Question

Quizplus · Accepted Answer

The statute of frauds requires that contracts which cannot possibly be completed within one year from the date of their making must be in writing to be enforceable.

Under the Statute of Frauds, the One Year Rule States