What is the statute of frauds

Answer 1

The statute of frauds is a legal doctrine that requires certain types of contracts to be in writing in order to be enforceable in court. These types of contracts typically include agreements involving real estate, marriage, goods sold for more than a certain amount of money, and debts of others. The purpose of the statute of frauds is to prevent disputes over the terms of oral contracts and to ensure that certain agreements are recorded in writing to avoid misunderstandings and fraud.