Eustace and Durango Oil Company enter into an oral contract under which Eustace agrees to work on a Durango rig for not less than eighteen months.This contract is enforceable by

Question

Quizplus · Accepted Answer

Under the Statute of Frauds, contracts that cannot be performed within one year must be in writing to be enforceable. Since the contract is for eighteen months and is oral, it is not enforceable by either party.

Eustace and Durango Oil Company Enter into an Oral Contract