A contract does not need to be in writing to be enforceable if the contract makes performance within one year possible.

Question

Quizplus · Accepted Answer

This is known as the one-year rule, which states that if performance of the contract can be completed within one year, then it does not need to be in writing to be legally enforceable. However, it is generally recommended to have any contract in writing to avoid potential disputes or misunderstandings.

A Contract Does Not Need to Be in Writing to Be