The Statute of Frauds
The Statute of Frauds is among the defenses to contract formation. This exercise assists the student in determining whether a transaction is within the statute of frauds, whether the agreement is evidenced by a writing, and whether an exception applies.
On completion of the lesson, the student will be able to:
1. Explain the policy behind the Statute of Frauds
2. Determine whether a particular agreement is within the Statute of Frauds.
3. Explain what it means for an oral agreement to be evidenced by a writing for purposes of the Statute of Frauds.
4. Determine when a particular oral agreement that is not evidenced by a writing is nevertheless enforceable.