Which one of the following is required to be evidenced in writing under the Statute of Frauds or its equivalent?
A) A contract of employment
B) A contract to incur debt
C) A guarantee
D) Any contract involving money over $1000
E) Any contract involving goods

Question

Quizplus · Accepted Answer

The Statute of Frauds requires certain types of contracts to be in writing to be enforceable. Among the options listed, a guarantee (C) is specifically required to be in writing under the Statute of Frauds. This legal doctrine is designed to prevent fraud and perjury in the enforcement of agreements involving significant matters, including guarantees where one party agrees to be responsible for another's debt or obligation.

Which One of the Following Is Required to Be Evidenced