If the business cannot be performed within one year from the time that the agreement is entered into, the partnership agreement should be in writing to avoid invalidation under the:

Question

Quizplus · Accepted Answer

The Statute of Frauds requires certain types of contracts, including partnership agreements, to be in writing in order to be enforceable. This includes contracts that cannot be performed within one year of entering into the agreement. Therefore, if the partnership agreement is not in writing, it could be invalidated under the Statute of Frauds.

If the Business Cannot Be Performed Within One Year from the Time