Question

According to the​ textbook, the​ _____ is a​ _____ statute that requires certain types of contracts to be in writing.​ pre-nuptial agreements, such as the one overturned on long​ island, are one such example of contracts that must be in writing.

Answer 1

According to the​ textbook, the​ "statute of frauds" is a​ "state" statute that requires certain types of contracts to be in writing.​ 


The statute of frauds is a legitimate idea that requires certain sorts of agreements to be executed in composing. The exact type of the Statute of Frauds shifts between locales, however by and large requires a written work for the accompanying kinds of agreements: 
(1) Contracts for the offer of land; 
(2) Contracts for the offer of merchandise over a specific dollar sum; 
(3) Contracts that can't be finished in under one year; and 
(4) Contracts where one group is to pay the obligation of another group.