Unformatted text preview:

Statute Of Frauds- Part of the law that states that some kinds of transactions are so important or different that the law will not enforce agreements about them, unless something in writing set forth all the material terms and signed by the party that is trying to deny the deal.Easiest way to meat the statute of frauds is to provide a writhen contract proving so.Examples of said transactions are;Real Estate ContractsAgreement made for more then one year to completePromise to a 3ed party to pay the debt of anotherPromise of an executor or administrator to pay an estate debt from his personal fundsSale of goods $500 or moreParole Evidence Rule- Oral testimony will not be allowed if its intent is to modify or contradict a written contract which appears complete on its face if it relates to something that came before or at the same time as the written contract.Contracts (Cont.) 10/08/2013Statute Of Frauds- Part of the law that states that some kinds of transactions are so important or different that the law will not enforce agreements about them, unless something in writing set forth all the material terms and signed by the party that is trying to deny the deal.- Easiest way to meat the statute of frauds is to provide a writhen contract proving so. - Examples of said transactions are;o Real Estate Contractso Agreement made for more then one year to complete o Promise to a 3ed party to pay the debt of anothero Promise of an executor or administrator to pay an estate debt from his personal fundso Sale of goods $500 or moreParole Evidence Rule- Oral testimony will not be allowed if its intent is to modify or contradict a written contract which appears complete on its face if it relates to something that came before or at the same time as the written


View Full Document

UAlbany BLAW 220 - Contracts

Download Contracts
Our administrator received your request to download this document. We will send you the file to your email shortly.
Loading Unlocking...
Login

Join to view Contracts and access 3M+ class-specific study document.

or
We will never post anything without your permission.
Don't have an account?
Sign Up

Join to view Contracts 2 2 and access 3M+ class-specific study document.

or

By creating an account you agree to our Privacy Policy and Terms Of Use

Already a member?