Under the majority rule, the test under the one-year provision of the statute of frauds is whether the parties believe that the contract cannot be performed within one year.

Question

Quizplus · Accepted Answer

The test under the one-year provision of the statute of frauds is whether the contract, by its terms, is capable of being completed within one year from the day after the contract is made, regardless of the parties' beliefs or intentions.

Under the Majority Rule, the Test Under the One-Year Provision