contestada

What does the statute of frauds do?
a. it sets forth a definition of fraud and outlines the punishments for fraud.
b. it denies enforceability to certain contracts that are not in writing.
c. it is a bridge between contract law and tort law because of the connection with fraud?

Respuesta :

I believe the answer is: B. It denies enforceability to certain contracts that are not in writing
Statute of frauds stated that to be legally binding, an agreement should be materialized in a contract that filled with a specific obligation that must be met by each party under the circumstances that they both agreed on. If this writing do not exist, technically we wouldn't have any ground to sue if the other party failed to fulfill the obligation.