In: Accounting
Following are the types of contracts fall within the statute of frauds:
Following is List of 5 types of contracts that must be in writing in order to be enforceable
If Rose sues Barney for the deed to the land, will she be successful because When one party promises something to the other as part of an offer of marriage, the contract must be in writing to be enforceable. Sometimes couples—especially rich people like movie stars—execute written property settlement agreements to satisfy the statute, stipulating how their assets will be treated upon marriage or upon divorce or death. If done before marriage, they are called prenuptial (premarital) agreements.
However, courts are free to make equitable adjustments of property of the marriage to avoid an injustice.