In determining whether a contract is within the one-year provision of the statute of frauds,courts begin counting time on the day when the:

A) offer was sent.
B) parties initiated negotiations.
C) contract comes into existence.
D) parties filed their agreement with the secretary of state.

Statute of Frauds

a legal principle that requires certain types of contracts to be written and signed by the party being charged with the obligation to be enforceable.

One-Year Provision

A legal principle that requires certain contracts, such as those that cannot be fulfilled within one year, to be in writing to be enforceable.

Contract Comes into Existence

The point at which an agreement between two or more parties is legally enforceable, usually triggered by an offer, acceptance, and adequate consideration.