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What is one requirement for a contract to satisfy the Statute of Frauds?
What is one requirement for a contract to satisfy the Statute of Frauds?
Which of the following adequately reflects the signature requirement under the Statute of Frauds?
Which of the following adequately reflects the signature requirement under the Statute of Frauds?
What must be included in the writing to meet the essential terms requirement?
What must be included in the writing to meet the essential terms requirement?
Which question is NOT a key question in a Statute of Frauds analysis?
Which question is NOT a key question in a Statute of Frauds analysis?
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What is the purpose of the Statute of Frauds?
What is the purpose of the Statute of Frauds?
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In Crabtree v. Elizabeth Arden, what is a critical aspect of the written documents?
In Crabtree v. Elizabeth Arden, what is a critical aspect of the written documents?
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Which statement about exceptions to the Statute of Frauds is correct?
Which statement about exceptions to the Statute of Frauds is correct?
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What does 'assent' refer to in the context of unsigned documents?
What does 'assent' refer to in the context of unsigned documents?
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What is the primary purpose of the Statute of Frauds?
What is the primary purpose of the Statute of Frauds?
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Which category does NOT require a contract to be in writing under the Statute of Frauds?
Which category does NOT require a contract to be in writing under the Statute of Frauds?
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Which of the following is one of the specific writing requirements of the Statute of Frauds?
Which of the following is one of the specific writing requirements of the Statute of Frauds?
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Which exception to the Statute of Frauds requires 'reasonable reliance' by the party seeking enforcement?
Which exception to the Statute of Frauds requires 'reasonable reliance' by the party seeking enforcement?
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What is a distinct element of the specification for contracts related to land under the Statute of Frauds?
What is a distinct element of the specification for contracts related to land under the Statute of Frauds?
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Which case exemplifies the admission exception regarding the existence of a contract?
Which case exemplifies the admission exception regarding the existence of a contract?
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Under what circumstance is a contract considered to have to be in writing due to 'one-year' rule?
Under what circumstance is a contract considered to have to be in writing due to 'one-year' rule?
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What is a condition necessary for an executor's promise under the Statute of Frauds?
What is a condition necessary for an executor's promise under the Statute of Frauds?
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What must a party demonstrate to invoke the past performance doctrine?
What must a party demonstrate to invoke the past performance doctrine?
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Which of the following is an example of an action that could invoke past performance doctrine?
Which of the following is an example of an action that could invoke past performance doctrine?
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What is the primary reason the past performance doctrine is applied?
What is the primary reason the past performance doctrine is applied?
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Which of the following transactions would generally still require a written contract under the Statute of Frauds?
Which of the following transactions would generally still require a written contract under the Statute of Frauds?
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Which of these statements accurately characterizes the legal impact of the past performance doctrine?
Which of these statements accurately characterizes the legal impact of the past performance doctrine?
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What is the primary purpose of the Statute of Frauds?
What is the primary purpose of the Statute of Frauds?
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Which of the following is NOT an exception to the Statute of Frauds?
Which of the following is NOT an exception to the Statute of Frauds?
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Under which circumstance can an oral contract be enforced due to part performance?
Under which circumstance can an oral contract be enforced due to part performance?
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A buyer can enforce an oral agreement under which condition related to payment?
A buyer can enforce an oral agreement under which condition related to payment?
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To satisfy the Statute of Frauds, a memorandum must do which of the following?
To satisfy the Statute of Frauds, a memorandum must do which of the following?
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What does the principle of promissory estoppel require to enforce a verbal contract?
What does the principle of promissory estoppel require to enforce a verbal contract?
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What must a seller demonstrate to enforce an oral contract for specially manufactured goods?
What must a seller demonstrate to enforce an oral contract for specially manufactured goods?
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Which of the following scenarios would allow an oral contract to be enforceable based on the possibility test?
Which of the following scenarios would allow an oral contract to be enforceable based on the possibility test?
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What is required for a contract for the sale of goods priced at $500 or more to be enforceable?
What is required for a contract for the sale of goods priced at $500 or more to be enforceable?
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What happens if there is a writing that incorrectly states a term agreed upon?
What happens if there is a writing that incorrectly states a term agreed upon?
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In a transaction between merchants, how can a writing in confirmation of a contract satisfy requirements?
In a transaction between merchants, how can a writing in confirmation of a contract satisfy requirements?
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What is the consequence if the receiving party objects to the contents of the writing within the specified time frame?
What is the consequence if the receiving party objects to the contents of the writing within the specified time frame?
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Under what condition can a party enforce a contract if there is no written confirmation?
Under what condition can a party enforce a contract if there is no written confirmation?
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Study Notes
Statute of Frauds
- The Statute of Frauds is a legal doctrine that requires certain types of contracts to be in writing and signed by the parties involved to be enforceable.
- The purpose of the Statute of Frauds is to prevent fraud by requiring evidence of an agreement.
- This doctrine is primarily a "defense" used to argue that a contract does not legally exist.
- Courts typically interpret the Statute of Frauds in a way that favors the enforcement of contracts, and will look at evidence of an agreement beyond just a written contract.
Understanding the Statute of Frauds
- Key questions in a Statute of Frauds analysis:
- Does the contract fall under the Statute of Frauds?
- If yes, does a written document exist that satisfies the Statute of Frauds?
- If no, do any exceptions to the Statute of Frauds apply?
- The Statute of Frauds can be both common law and codified (state statutes) in the United States.
- The Uniform Commercial Code (UCC) codifies the Statute of Frauds in UCC 2-201, specifically for contracts for the sale of goods valued at $500 or more.
Types of Contracts Covered by the Statute of Frauds
- Contracts related to land (includes easements and options to purchase land)
- Contracts that cannot be performed within one year from the date of the agreement
- Contracts for the sale of goods valued over a certain amount (typically $500 or more)
- Contracts made in consideration of marriage (e.g., engagement ring contracts)
- Contracts of suretyship (where one party agrees to pay the debt of another)
Exceptions to the Statute of Frauds
- Partial performance: This exception applies when one party has already started performing their obligations under the oral contract, but the other party refuses to perform. The court may enforce the contract based on this performance.
- Promissory estoppel: This exception applies if a party reasonably relied on the other party's oral promise to their detriment.
- Admission: This exception applies when the party being sued admits in court that the oral contract existed.
- Specially manufactured goods: This exception applies when a seller has already started making custom goods specifically for the buyer.
- Payment: This exception applies when payment has been made and received for the goods in question.
- Possibility test: This exception applies if there's even a slight chance that the contract could be completed within a year; in this case, the oral agreement may be enforceable.
Past Performance Doctrine
- This doctrine is relevant in the context of the Statute of Frauds and can also be an exception to it.
- It allows for the enforcement of an oral contract based on the actions of the parties, even if those actions don't meet the requirements of a formal written contract.
- This exception applies most often to contracts related to land, where the buyer has taken possession and made improvements to the property.
Memorandum Requirements
- A memorandum can satisfy the Statute of Frauds if it contains the following information:
- The essential terms of the contract
- The names of the parties involved
- Enough information to demonstrate the parties’ intent to enter into a contract
- The signature of the party against whom enforcement is sought
UCC 2-201: Statute of Frauds for Goods Contracts
- This section outlines the specific requirements for the Statute of Frauds for contracts for the sale of goods.
- Contracts for the sale of goods worth $500 or more must be in writing and signed by the party against whom enforcement is sought to be enforceable.
- The UCC 2-201 also includes provisions for a "merchant's confirmation" exception, which can satisfy the writing requirement if both parties are merchants involved in the transaction.
- The writing requirement is not strict; it can be a combination of documents that demonstrates the existence of a contract.
- However, the contract is not enforceable beyond the quantity of goods specified in the writing.
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Description
Explore the essential legal doctrine of the Statute of Frauds, which mandates that certain contracts must be in writing to be enforceable. This quiz delves into its purpose, key questions for analysis, and how courts interpret its requirements. Test your understanding of this pivotal legal principle and its applications in preventing fraud.