Question

The Statute of Frauds a. applies only to executed contracts b. requires certain contracts to be in writing c. states that written contracts cannot be changed by oral evidence d. none of these

Answer 1

Answer:

b. requires certain contracts to be in writing

Explanation:

Statute of Fraud is one that requires certain types of contracts to be in writing in order to be valid.

For example when selling goods the quantity and price of the goods must be stated in case of any future issue. The written contract can be referred to.

However there are some exceptions to statutes of fraud, and they are when there is admission, performance, or promissory estoppel.