The student formerly known as Jim prefers to sign his name with the symbol "$." When signing his lease,he indicated his intent to be bound by placing a "$" on the lease's signature line.This satisfies the statute of frauds' writing requirement.

Question

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The statute of frauds requires certain contracts to be in writing to be enforceable. However, the writing requirement can be satisfied by any symbol, mark, or writing on the document that indicates the signer's intent to be bound. In this case, Jim's use of the symbol "$" on the lease's signature line indicates his intent to be bound by the terms of the lease, thus satisfying the writing requirement of the statute of frauds.

The Student Formerly Known as Jim Prefers to Sign His