Asked by Ja'Nayla Watts on Jul 08, 2024
Verified
Clara types a letter to Fraser setting forth the terms of their contract that falls within the statute of frauds. At the end of the letter, she types her name but does not sign her signature to it. If Fraser wants to use the letter to satisfy the writing requirement, he may do so.
Writing Requirement
A legal principle stating that certain kinds of contracts or agreements must be in writing to be enforceable.
- Ascertain the essential requirements for a contract to be considered valid in accordance with the statute of frauds.
- Differentiate between verbal agreements and formal written contracts, comprehending their respective legal consequences.
Verified Answer
TM
Thobeka MahlalelaJul 13, 2024
Final Answer :
True
Explanation :
Under the Statute of Frauds, a typed name can constitute a signature if it indicates the party's intention to authenticate the document, thus satisfying the writing requirement for contracts that fall within its scope.
Learning Objectives
- Ascertain the essential requirements for a contract to be considered valid in accordance with the statute of frauds.
- Differentiate between verbal agreements and formal written contracts, comprehending their respective legal consequences.