The Statute of Frauds states that the memorandum must contain more essential terms than the written contract.

Question

The Statute of Frauds states that the memorandum must contain more essential terms than the written contract. ​

Quizplus · Accepted Answer

The Statute of Frauds requires that certain contracts be in writing to be enforceable, but it does not stipulate that the memorandum must contain more essential terms than the written contract itself; rather, it must simply include the essential terms (e.g., parties involved, subject matter, consideration) to be valid.

The Statute of Frauds States That the Memorandum Must Contain