Question
Which of the following statements is not true? a. If it's at all possible for the contract to be performed within one year, then the
Which of the following statements is not true?
a. If it's at all possible for the contract to be performed within one year, then the contract typically won't fall within a statute of frauds.
b. A statute of frauds won't apply unless performance can't take place within one year of the making of the contract.
c. A statute of frauds won't apply unless the terms of the contract specifically preclude performance within one year.
d. If a party already fully performed the contract, then a statute of frauds won't apply.
e. The one-year time period is measured from the date a party starts performance of the contract.
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