Statute of Frauds Flashcards
contracts within (governed by) the statute of (against) frauds (section 4 contracts)
promises of an executor or an administrator to pay the debts of the decedents estate out of his own funds
promises of a person to pay the debts of another
promises upon consideration that a marriage take place
contracts involving sales of lands or any interest in them
contracts which are not capable of being fully performed within a year from the time of their making
if an executor promises to pay the debts of the decedents estate but it isn’t in writing, is it enforceable?
no
promises upon consideration that a marriage take place
doesn’t matter who is getting married
doesn’t include mutual promises to marry
promises of a person to pay the debts of another
if x doesn’t pay, i will
contracts which are not capable of being fully performed within a year from the time of their making
if its possible it will be completed in a year, you don’t need it in writing and signed
compliance with this section (contracts within statute of frauds) is had by
a writing sufficient that a contract has been made, signed by the party to be held or charged under the contract (i.e. defendant) or his agent
exceptions to section 4 contracts
main purpose doctrine or leading object rule
past performance doctrine
bilateral contract exception
main purpose doctrine or leading object rule
applies to #2 (promises of a person to pay the debts of another)
main purpose of the promise is to benefit the promisor
past performance doctrine
applies to #4 (contracts involving sales of lands or any interest in them)
in the case of land, sometimes past performance under an oral contract will operate as a substitute for a writing (e.g. where the buyer pays part or all of the purchase price and either 1) enters into possession of the land OR 2) makes valuable improvements to the land
bilateral contract exception
one party has fully performed the contract
Applies to #5 (contracts which are not capable of being fully performed within a year from the time of their making)
applies only to bilateral contracts
section 17 types of contracts under the english statute or frauds
goods (UCC 2-201): applies to contracts for the sale of goods $500 or more
goods for UCC are
moveable, tangible, personal property
compliance with 2-201 UCC is had by
a writing sufficient to indicate a contract has been made, signed by the party go be charged (i.e. the defendant) or his authorized agent or broker)
exceptions to 2-201 UCC
between merchants, (a) a written confirmation (b) sent within a reasonable time (c) sufficient against the sender (d) received and not objected to in writing within ten days of receipt by recipient **TO NOT BE BOUND YOU NEED TO SEND A REJECTION
under certain circumstances, specially manufactured goods
admission in pleadings, testimony in court or otherwise
acceptance of the goos or payment for the goods to the extent of acceptance or payment
effect of non compliance with the statute of frauds
the oral contract is unenforceable by way of action or defense. it is not void, merely UNENFORCEABLE.