The "one year rule" ensures that oral agreements for time intervals greater than one year are legally enforceable.

Name: The "one year rule" ensures that oral agreements for time intervals greater than one year are legally enforceable.
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The "one year rule" states that any contract that cannot be performed within one year must be in writing to be legally enforceable, according to the Statute of Frauds. It applies to all contracts, not just oral agreements.

The "One Year Rule" Ensures That Oral Agreements for Time