Gregory sells his land to Tim. Under the Statute of Frauds, Gregory and Tim must enter a written contract to be enforceable in the court of law.

Question

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The Statute of Frauds is a law that outlines those contracts that must be in writing to be enforceable in court. Six types of contracts must be in writing to be enforceable. These six include (1) contracts that cannot be completed within one year; (2) contracts involving land; (3) contracts in consideration of marriage; (4) contracts made by executors to pay a debt of the estate out of his or her own finances; (5) a promise to pay the debt of another; and (6) contracts for the sale of goods valued at $500 or more.

Gregory Sells His Land to Tim