The Statute of Frauds: ______________________.
A) States that all contracts have to be in writing to be enforceable in the court of law
B) Decrees oral contracts to be invalid and hence not upheld or enforceable by law
C) States that certain types of contracts have to be in writing to be enforceable
D) Maintains that agreements can be oral while contracts have to be in the written format

Question

Quizplus · Accepted Answer

Although most oral contracts are enforceable, the Statute of Frauds requires certain contracts to be in writing to be enforceable.