STATUTE OF FRAUDS Flashcards
1
Q
How to approach a problem involving statute of frauds?
A
- whether the contract is within the statute of frauds
- whether the writing satisfied the statute of frauds.
2
Q
Is the contract within the statute of frauds?
Classification under R110
A
- K of an executor or administrator to answer for a duty of his decedent (the executor/administrative provision).
- k to answer for the duty of another (the suretyship provision).
- K made upon consideration of marriage (presumption agreement).
- k fro the sale of an interest in land (Lucy v. Zehmer)
- k that is not performed within 1 year of the making thereof.
3
Q
exception to SOF
A
- 2-201 (1) a k for the sale of goods for the price of $500 or more is not enforceable unless there is some writing sufficient to indicate that a K for sale has been made. The writing is not insufficient because it omits or incorrectly states a term but the contract is not enforceable under this paragraph beyond the quantity of goods shown in such writing.
- merchant provision 2-201 (2): between merchants
- Specially manufactured goods 2-202 (3)
- (b) admissions I his pleading, testimony or otherwise in court that a K for sale was made,
- (C) part performance: goods for which payment has been made or accepted or which have been received and accepted.
4
Q
Whether the writing satisfies the SOF?
A
- writing is signed by the party to be charged
- reasonably identifies the subject matter
- indicates contract was made
- states with reasonable certainty essential terms