Contracts · Statute Of Frauds
high frequencyAn overview of the Statute of Frauds as it applies in contract law for the MBE.
The Statute of Frauds requires certain types of contracts to be in writing and signed in order to be enforceable. Generally, the types of agreements that must be in writing include those involving the sale of goods over a certain value, contracts that cannot be performed within one year, marriage agreements, and contracts related to real estate. The purpose of the statute is to prevent fraudulent claims and ensure that there is tangible evidence of the contractual obligations.
In the context of the MBE, questions may focus on recognizing what contracts fall under the Statute of Frauds, the implications of a contract not being in writing, and the exceptions to the writing requirement. Students will need to analyze fact patterns to determine whether a valid contract is enforceable or whether exceptions apply, such as part performance or admissions in court that validate an otherwise unsatisfactory agreement.
A. A) The buyer can enforce the agreement because it was a verbal agreement.
B. B) The agreement is unenforceable due to the Statute of Frauds.(Correct)
C. C) The agreement is enforceable if the buyer provides evidence of partial payment.
D. D) The seller can still prevent enforcement because he did not sign a written contract.
Explanation: The agreement is unenforceable under the Statute of Frauds because it involves the sale of real estate and is not in writing.
A. A) Yes, it is enforceable because both parties signed it.
B. B) No, it is unenforceable because it cannot be completed within one year.(Correct)
C. C) Yes, if the client makes a partial payment.
D. D) No, because construction contracts need to be in writing regardless of duration.
Explanation: The contract is unenforceable because it cannot be completed within one year, as required by the Statute of Frauds.
A. A) Yes, because all business contracts are enforceable regardless of being in writing.
B. B) No, because the Statute of Frauds applies to agreements involving substantial amounts of money and requires a written contract.(Correct)
C. C) Yes, if there were witnesses to the verbal agreement.
D. D) No, because the contract is not about real estate or marriage.
Explanation: The Statute of Frauds requires written evidence for contracts involving amounts exceeding $500 for goods, and while this involves a business venture, it would be prudent to follow the same principles.
A. A) Yes, because he began performance.(Correct)
B. B) No, because the contract was not in writing and exceeds $500.
C. C) Yes, if he can prove the terms of the agreement.
D. D) No, because oral contracts are generally unenforceable in construction.
Explanation: The painter can prevail due to part performance—a key exception to the Statute of Frauds, showing that he began the essential work.
A. A) High, as all marriage agreements must be in writing.(Correct)
B. B) Low, because the agreement is vague and lacks specificity.
C. C) High, since the Statute of Frauds does not apply to informal marriage agreements.
D. D) Low, because marriage can occur without a contract.
Explanation: All agreements made in consideration of marriage must be in writing according to the Statute of Frauds, so the couple's oral agreement is not enforceable.