The key to determining whether a contract is enforceable under the one-year rule of the statute of frauds is the answer to which of the following questions?

Question

Quizplus · Accepted Answer

The key factor is whether it is possible, not likely or based on the parties' wishes, to carry out the terms of the contract within one year from the date of the agreement. If it is possible, even if unlikely, the contract does not fall under the one-year rule of the statute of frauds and does not necessarily have to be in writing to be enforceable.

The Key to Determining Whether a Contract Is Enforceable Under