The requirement that certain types of contracts be in writing in order for a contract to be enforceable in a lawsuit is known as a:

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The requirement that certain types of contracts be in writing in order for them to be enforceable in a lawsuit is called the statute of frauds. This includes contracts for the sale of real estate, contracts that cannot be performed within one year, contracts to pay someone else's debt, and contracts for the sale of goods over a certain dollar amount. The purpose of the statute of frauds is to prevent fraudulent claims and to ensure that parties are clear about the terms of their agreement.

The Requirement That Certain Types of Contracts Be in Writing